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CHINA AXES REDUNDANT STATE OWNED ENTERPRISES.

Publication: AsiaPulse News

Publication Date: 30-APR-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

BEIJING, April 30 Asia Pulse - Determined to accelerate the process of splitting redundant operations from state-owned enterprises, China has designated three leading enterprises to experiment with the downsizing.

At a meeting held on April 28, Chinese Vice-Premier Huang Ju asked the China National Petroleum Corporation, Sinopec and Dongfeng...

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