The State Council’s long-awaited framework for reforming China’s state-owned enterprises (SOEs) marks limited progress on areas of SOE reform such as mixed ownership, asset management, and SOE classification.
China Market Intelligence
What is the best way to enter into a partnership with a Chinese state-owned enterprise (SOE)? Foreign companies find many good reasons to seek an SOE investment partner, but may also find some unexpected challenges.
The recent flurry of M&A activity in China reflects the not-so-invisible hand of China’s State-owned Assets Supervision and Administration Commission (SASAC), founded in 2003 to oversee the largest of the non-financial state-owned enterprises (SOEs) in China.
A strong Chinese Communist Party (CCP) hand guiding state-owned enterprise (SOE) management was a central message emerging from recent meetings of the State Council Leading Group on Comprehensively Deepening Reform, China’s high-level interagency group charged with guiding China’s ongoing reform efforts.