SOEs will expand foreign business
By Bao Chang | China Daily | Updated: 2011-02-25 07:52
A man walking past a SOE logo in Beijing. The country's major State enterprises are seeking overseas expansion as their profits from investment abroad increase. Nan Shan / China Daily |
BEIJING - China's central State-owned enterprises (SOEs) will try to expand their business abroad over the next five years, despite public concern about their earning abilities and ongoing political turmoil in some overseas markets, said a senior official in charge of the State assets.
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