Beijing wants SOEs to invest in private tech companies
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
On April 30, the legislature released a revised Enterprise State-Owned Assets Law for public comment. The draft updates a 2009 version of the law and includes 109 articles, 32 of which are new. What stands out: The revised law requires state-owned enterprises (SOEs) to take minority equity stakes in...