China Market Intelligence

January 6th, 2016
Pianpian Huang

Woeful performance data from China’s state-owned enterprises (SOEs) may be increasing calls for reform, but a recent policy package does not appear to address fundamental issues around governance and market orientation, despite the accompanying rhetoric.

Total debts at China's state-owned enterprises (SOE) rose 18.2 percent to 78.31 trillion yuan ($12.24 trillion) and profit dropped 9.5 percent to 2.04 trillion yuan ($320 million) from January to November 2015...