China Cabinet on all centrally owned firms under state asset regulator

Reuters reports a statement published by China’s cabinet on Wednesday, citing:
All centrally owned firms under state asset regulator to become limited liability firms or joint-stock firms by end-2017
Change in firms' registration expedite set-up of a flexible, efficient market-based operating mechanism
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















