China’s state-owned giants given new order: create global industrial champions 

In the midst of its escalating economic conflict with the US, China’s largest state-owned enterprises have been given a new directive: work with small and medium-sized firms to build new global champions.In an interview with the state-run Xinhua news agency published on Monday, Hao Peng, chairman and Communist Party secretary of the State-owned Assets Superv […]

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