China Eastern Says Its State Holding Could Fall To About 40%

Two years ago, the Chinese government began a renewed push to reform its mostly underperforming state enterprises. Additional nongovernment investment would be encouraged, on the principle that the companies would have to raise their game if more of their capital came from profit-focused private...
Bradley Perrett

Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.

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