Category: SOEs

Ottawa Gets Tougher on Foreign Government Investment in Critical Minerals

November 2, 2022
Business & MarketsCanadaChinaChina Business & EconomyCompaniescritical mineralsHuaweilithiumSOEsWorld
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News Analysis Ottawa is taking steps to protect and develop its critical minerals supply chain by cracking down on foreign governments’ investment in these natural resources, though with China, experience has shown that determining whether or not a company is state-owned has been difficult. Critical minerals, which include lithium, cobalt, copper, as well as the…

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Tencent and Alibaba Fall From Global Top Ten as China Fosters Super State Firms

January 11, 2022
Alibabaanti-trust probesChinaChina Business & Economychina private firmsChinese RegimeSOEsTencentUncategorized
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On Dec. 30, 2021, the share price of China’s e-commerce giant Alibaba Group Holding Ltd (9988.HK) closed at HK$109.9 (approximately $14.3), down 52.75 percent from the same period in 2020. Similarly, China’s gaming and social media company Tencent Holdings Ltd (0700.HK) suffered a decline of 21.38 percent per share the same day. Both have fallen…

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China Faces Debt Crisis as More State-owned Enterprises Default on Loans

April 20, 2021
ChinaChina Business & Economychina debt crisisChinese RegimedefaultLoansSOEsstate-owned enterprises
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News Analysis The debt crisis of China’s state-owned enterprises (SOEs) has been deepening since 2020. Beijing has recently issued a report to address the issue as several SOEs have defaulted on loans in recent months. The State Council of China recently issued the report “The Guideline on Enhancing Debt Risk Control of Local State-owned Enterprises”…

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