In wake of Iran war, Chinese manufacturers recalibrate overseas expansion plans
With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in…
Beijing aims to harness state, private sectors to build ‘world-class firms’
China’s state-asset watchdog has urged the country’s state-owned enterprises (SOEs) to act as an anchor for strategic industries,…
China’s Hunan puts non-tax revenue in crosshairs, cracking down on sketchy fines
Hunan has become the latest Chinese province to tighten controls on non-tax revenue growth through a revision of…
China’s Industrial Profits Shrink 1.7% as State Firms Falter
China’s industrial sector remains under pressure, as total profits among large-scale industrial enterprises slid 1.7% year-over-year in the…