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GorillaGorilla

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GorillaGorilla

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Monday, 11/01/2010 5:34:36 AM

Monday, November 01, 2010 5:34:36 AM

Post# of 94785
China to cut central SOEs to 30-50 in 5 yrs

China will reduce the number of its centrally-administered State-owned Enterprises (SOEs) from 123 at the end of September to between 80 and 100 by the end of this year and to 30-50 during the 12th Five-Year Plan (2011-15) period, ce.cn reported on Monday.

http://www.chinadaily.com.cn/business/2010-11/01/content_11485527.htm

I'm reading that as reducing public sector and increasing private.

rich
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