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Macroeconomics

SOEs assets total US$1.98 trillion
By STAFF EDITOR
Published: December 19, 2007 12:00 PM
The total assets of China's state-owned enterprises (SOEs) reached US$1.98 trillion (RMB14.6 trillion) by the end of November, up 21% on a year earlier, the China Securities Journal reported, citing figures from the State Assets Supervision and Administration Commission (SASAC). Forty SOEs had more than RMB100 billion (US$13.54 billion) in assets, eight more than at the same time last year. The 40 ...
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