Thursday, October 10, 2013
Anti-Monopoly Reform of Chinese SOEs is Not Easy
ANBOUND
It is said that China National Petroleum Corporation (CNPC) might be broken up in order to address the monopoly issue. Anbound's senior researcher He Jun considers such an opinion as too optimistic. The division of SOEs is not an easy thing since it will affect the interests of many vested interest groups. The anti-monopoly reform of state-owned enterprises (SOEs)will not be successful without a powerful security system.