Search

The article reports on the China National Chemical Corp.'s (ChemChina's) proposed acquisition of agricultural chemical and biotechnology company Syngenta. It notes that ChemChina is a state-owned enterprise and says this has raised concerns about the potential implications of the merger. An earlier, failed effort by agricultural and biotechnology company Monsanto to acquire Syngenta is cited.

The article discusses the negative impact of significantly indebted state-owned Chinese companies on the Chinese economy as of mid-January 2016.

The article discusses efforts by the Chinese government to lure foreign businesses to China and the difficulties faced by such entities in negotiating the Chinese bureaucracy, institutional corruption, and legal system. The article cites a survey conducted by the organization the U.S.-China Business Council to state that 97 percent of companies lacked financing advantages, contract access, and licensing eases enjoyed by Chinese state-owned businesses. The article presents comments from British entrepreneur Reza Afshar.

The article discusses excess industrial plants in China, focusing on cement factories around Changzhi, China. Topics include the role of state-owned enterprises and government loans in China's economy, the plight of unemployed workers from the cement plants, and Chinese government policies to support the nation's stock market and prevent unemployment.

The article discusses the growth of Beijing Poly International Auction, the art auction division of China's state-owned China Poly Group Corporation conglomerate, as of December 15, 2013, highlighting the company's potential role in preventing efforts to reform China's art market in response to fraud concerns. Topics addressed include executive director Zhao Xu's management of Poly, as well as the company's connection to China's military and political leaders.

The article discusses the U.S. federal government's investigation into bank JPMorgan's "Sons and Daughters" hiring program, which gave jobs to the children of China's ruling elite in exchange for increased business opportunities with state-owned Chinese companies. Part of an ongoing bribery investigation by the U.S. Securities and Exchange Commission (SEC), details on the hiring practices were outlined in confidential documents and spreadsheets obtained by the government.

The article discusses the increasing international presence of China's arms industry as of October 20, 2013. Topics addressed include a contract between state-owned China Precision Machinery Export-Import Corporation and the Turkish government for the construction of an HQ-9 missile defense system in Turkey, increases in international sales of fighter jet planes and drone aircraft by Chinese companies, and international competition in the arms industry.

The article discusses allegations of corruption and mismanagement related to the purchase of China's Zhongshe coal mine by Chinese state conglomerate China Resources as of August 7, 2013, highlighting scrutiny of Chinese state-owned enterprises. Topics addressed include a lack of mining at the Zhongshe mine, and Chinese journalists' allegations of corrupt practices by China Resources chairman Song Lin.

The article discusses the implication of the economy in China in the changes in leadership in the Chinese Communist Party. Wang Yong, the director of State-Owned Assets Supervision and Administration Commission, says that more efforts will be made to reform the economic industry of China. It also states that the efforts will depend on the willingness of the next Chinese leadership team to challenge the politically connected families who operates state-owned enterprises.

The Foreign Ministry has protested a Chinese state-owned oil company's move to offer for exploration nine blocks in a disputed area of the South China Sea. Vietnamese officials say the area is inside Vietnam's exclusive economic zone and is not part of China. The Chinese government has laid claim to much of the South China Sea, areas of which are believed to be rich in oil, gas and fish. The blocks were put up for bids from foreign companies last week by China National Offshore Oil Corporation, or Cnooc. Some of the blocks overlap with ones that PetroVietnam, a state-owned enterprise, has already delineated as areas under contract for exploration by foreign companies. An executive at PetroVietnam has said it will proceed with the contracts. China said this week that Cnooc had the right to offer the blocks. [ABSTRACT FROM PUBLISHER]

SHANGHAI -- A new study by the World Bank and a Chinese government research organization warns that the country's economic growth is likely to diminish over the next few decades unless China alters its development model and rethinks the role of government in managing the economy. The report, called ''China 2030,'' and produced by the bank and the Development Research Center, the government research organization, calls on Beijing to complete the transition to a market economy, scale back the power of state-owned companies, encourage private enterprise and confront rising inequality and environmental degradation. [ABSTRACT FROM PUBLISHER]

Reports on the accusation of negligence by China on its largest and richest state-owned companies in a gas well disaster in the country. Discovery of a series of safety violations of China National Petroleum Corp.; Date of the biggest industrial disaster in China of recent years; Emphasis on the importance of work safety by officials in the country.

Reports on the status of the state-owned companies in China. State Statistics Bureau report; Improvement; Efficiency.