You are here


China said to plan closer oversight of state company funds


CHINA will create a centralised financing company to oversee some US$304 billion of funds held by the country's state-owned enterprises' finance units, people familiar with the matter said.

The plan, approved by the State Council or Cabinet, will increase the government's...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to