SUBSCRIBERS
China's overseas SOE assets not audited: Xinhua
Published Tue, Mar 3, 2015 · 09:50 PM
Shanghai
CHINA does not audit the four trillion yuan (S$868.8 billion) of assets that its state-owned enterprises (SOE) hold overseas, Xinhua news agency has reported, highlighting difficulties the government faces when expanding its anti-corruption drive to SOEs.
Anti-graft authorities will inspect major SOEs this year, state media reported in January, as part of a campaign initiated by President Xi Jinping that has felled…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Ecuador president declares state of emergency over energy crisis
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill