Trivium Neopol - Politics | Trivium China 02 Dec 2021

Exodus of the conglomerates

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Some of the world's biggest corporates are moving out of Beijing.

But not the foreign companies that probably came to mind.

We're talking about state-owned enterprises – the big and powerful central SOEs, to be specific.

There are 96 of these central SOEs, worth a combined RMB 70 trillio...


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