China Claims 95% Of SOEs Have Restarted Production. There's Just One Problem...

Feb 18th 2020 5:10pm EST

China Claims 95% Of SOEs Have Restarted Production. There’s Just One Problem… According to Ren Hongbin, China’s vice director of state-asset regulator Sasac, more than 95% of SOEs in oil, petrochemical, communication, power grid and transport sectors have restarted production despite coronavirus outbreak, with the most severe virus impact in civil aviation and tourism sectors. […]

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