State Council Considers Establishing Supervision Department for Overseas Investment
Published:
2011-03-29
The State Council is looking to establish a supervision department for overseas investment in parallel with the State-owned Asset Supervision and Administration Commission (SASAC), according to a report from Xinmin Daily. All 13 centrally-owned enterprises (COEs) have suspended their projects in Libya. The value of the suspended projects of just four COEs, including China Construction Corporate, is reported to exceed 41 billion yuan.
Source
Xinmin Daily
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