Chinese premier Li Keqiang out with a statement on the State Council website this morning taken from a seminar on the 18 Sept
- urges the promotion of mergers and acquisitions among SOEs (State Owned Enterprises)
- wants to dispose of "zombie" companies boost efficiency in state capital operations
- urges innovation as well as global collaboration amid SOE reforms
- urges follow-up measures to further promote the development of SOEs
I posted on the SOE reforms last Sunday which were met by a like-warm reception from the markets
I don't see anything different in these further comments by Li
Chinese premier Li - Urges more efficiency in SOEs
