The state-owned enterprises reach beyond China’s borders.
China’s State-owned Assets Supervision and Administration Commission (SASAC) is perhaps the world’s most powerful business manager. With trillions of dollars in assets under its watch, this government body has oversight over 96 of the country’s biggest state-owned enterprises, including China’s oil majors, its telecommunications giants and its colossal chemical and shipbuilding operations.
SASAC was set up in 2003, to assume control of state firms from various state ministries and com
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Navigate China's Business Landscape with Confidence.