# State-Owned%20Enterprises
Latest news and articles about State-Owned%20Enterprises
Total: 19 articles found
China’s State Giants Ordered to Cultivate 'Patient Capital' in Race for the Skies
Beijing has directed its state-owned industrial giants to spearhead the development of the 'low-altitude economy,' positioning it as a strategic frontier for growth. By demanding 'patient capital' and long-term investment, the state aims to build a comprehensive ecosystem encompassing infrastructure, technology, and commercial applications.
Shattered Gears: The Downfall of a Titan in China’s Auto and Defense Sectors
Liu Weidong, a former top executive at China South Industries Group and Dongfeng Motor, has been sentenced to 13 years for a 26-year bribery spree. The case highlights the deep-seated corruption risks at the intersection of China’s automotive and defense sectors.
Beijing Tightens the Reins: Why China is Centralizing Control Over its Global Corporate Empire
China's SASAC has established a new Bureau of Overseas State-owned Assets to centralize the management and supervision of its $1.1 trillion international portfolio. The move aims to mitigate rising geopolitical risks and shift the focus from rapid expansion to high-quality governance and asset protection.
China Unicom’s Triple Crisis: Fading Growth, ESG Laggard Status, and ‘National Team’ Divestment
China Unicom is struggling with stalling profit growth and poor ESG performance compared to its larger rivals, China Mobile and China Telecom. Amidst rising regulatory fines and high customer dissatisfaction, the company is undergoing leadership changes while a major state-backed fund has begun divesting its shares.
Beijing’s ‘National Team’ Strategy: China Telecom Bolsters AI Arm with Massive State-Backed Infusion
China Telecom's AI subsidiary has significantly increased its registered capital with new backing from national-level investment funds. This strategic move underscores Beijing's reliance on state-owned enterprises to lead the country's AI innovation and infrastructure development.
China’s State Giants Face Profit Squeeze as Economic Recovery Stutters
Data from China's Ministry of Finance shows state-owned enterprise profits fell 2% in the first two months of 2026, despite a flat revenue growth of 0.2%. The sector also saw a rise in debt-to-asset ratios, signaling increased financial pressure on the backbone of the Chinese economy.
China’s Equity Markets Stage Resilient Recovery as Strategic Sectors Power Broad Gains
Chinese markets saw a major rebound on Tuesday, led by a 1.78% gain in the Shanghai Composite and a surge in over 5,100 stocks. Strategic sectors like green energy and defense powered the recovery, even as oil and gas stocks lagged due to falling global energy prices.