This article should be of interest : http://www.bloomberg.com/news/articles/2016-10-23/china-s-art-of-the-deal-how-m-a-pariahs-became-global-players
It's not just our industry... it's the world. China is now an invasive species.
The PR agency of the Chinese government declared [link no longer available]:
President Xi Jinping stressed the Communist Party of China's (CPC) unswerving leadership over state-owned enterprises
**** ** ********* ************** ** ** ******** ***** *****-***** enterprise.
******, *****'* ** ****** **** ******** that:
******* ****** ** **** ** ********** and ******* ***** **********, ** **** as ** ***** *** **** ** the ***** ** **** ** **** them *** **** *********** *** ******** forces ** *** *** [***]
** **** ***** ********** *** ******** the **** ** *** ***** *** "the **** *** ****" *** ****
**** ** ********** *************'* ********'* ****** ** *** ********* Party.
Importance ** ************
**** ***** ********** ****** ** **** from *** ******* ********** **** ********* they *******, **** *********. *******, *** fact **** ** ******* ******** ******** this *** *****'* ** ****** ******** conveyed **** ** * ****** ** how ********* ** ** *** ***** SOEs **** ********* ** ******* ***** government ******.
Impact ** *** ***** ************ ******
*** *** **** ****** ********** / concerns ** ********* *** *** ******* government ***:
*****'* ********** ************ ****** ** ******** into **** ** *****.
*** ******* ********** ** ** ****** participant ** ***** ******* **** ***** benefit **** ****** ** *** ******** (or **** ** ******** **) ********* devices ******** ******* ** *****. ***** the *******'* ********** ****-********** '********** **********' of **** **** *********, ***** *********'* huge ******* ********* ** *** **** possible *** **********.
*** ******* ********** ******** ******** *** businesses ** **** **** ******* ******** advantages. ***** ********* ***** ** ******* things ******* $* ******* ********* * ******* '****', *** ***** fact **** ** ** **** *** Chinese ********** ***** *********. ********, *** Chinese ********** *** *********** ******** ********* into ******** *******. ********* ** ***** 'unswerving **********' ** ********* ** ********* the ***** ****** *********'* ********* *** ability ** **** ********* ********** *** any ***** ***** ************ *******.
** *** ***** ****, *** ********** and ******* ** *** ******* **********, also ******* *** ******** *** **** that ********* ***** ** ** **** significant ******** *********** ** ********* *********** occurs ** *****.
*** ****** ** *****, *** '********** leadership' ** *** ******* ********** **** its *****-***** *********** **** ********* ** the **** ******** ******* ** *** video ************ ****** *****.
****
This article should be of interest : http://www.bloomberg.com/news/articles/2016-10-23/china-s-art-of-the-deal-how-m-a-pariahs-became-global-players
It's not just our industry... it's the world. China is now an invasive species.