European business group warns of China economic stagnation if SOEs not reined in
A top European business lobby
said on Tuesday that China must fulfil promises to give greater
sway to market forces and rein in its bloated state sector,
warning that not doing so will lead to economic stagnation and
stoke continuing tensions with trade partners.
said on Tuesday that China must fulfil promises to give greater
sway to market forces and rein in its bloated state sector,
warning that not doing so will lead to economic stagnation and
stoke continuing tensions with trade partners.
Posted by Reuters