China in 2 minutes a day
Top news and analysis delivered to your inbox

As China tries to reform its economy with $1 trillion in mergers of state-owned enterprises, the complexity and size of the firms threaten the consolidation with failure

he value of China's 100-plus state-owned enterprises exceeds Japan's $4.1 trillion economy, and merging some of them in an effort to reduce inefficiencies "doesn’t necessarily create a healthy one without some forceful leadership to eliminate overlap and excess capacity, as could be the case in the steel industry."
11 months ago
Amedeo Tumolillo
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
China in 2 minutes a day
Top news and analysis delivered to your inbox