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China's state-owned enterprises are.....>

CHINA PRESS
MNI (Beijing)
CHINA PRESS: China's state-owned enterprises are accelerating restructuring and
mergers following unprecedented executive shuffling this year, the Economic
Information Daily reported. At least 42 SOEs have made 176 personnel changes
this year, the newspaper said citing government announcements. While personnel
changes may be followed by further consolidations, frequent leadership changes
may also delay implementation of reform, the newspaper said citing Liu Xingguo,
a researcher at China Enterprise Federation. Automobile, telecommunication,
chemical and ship-building are among those industries where consolidations of
SOEs may intensify, the newspaper said.
Energy BulletsCommodities
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