Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
CHINA will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing pushes forward a sweeping plan to overhaul the country's underperforming state sector, state media reported on Monday.
The consolidation will first take...