| Journal Call no. | HD38.2.E93 |
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| Article Title | Merge or go bust, state enterprises told. |
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| Is Part Of | The executive ; v.17, no.11, Nov 1996, p.13, illus. |
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| Abstract | The full extent of the problems facing China's beleaguered state-owned enterprises emerged in November 1996 as official figures revealed for the first time "appalling" debts of US$405 billion in 1995. In tandem with the publication of the huge debts, authorities in Beijing abandoned a policy of supporting the capital's state-owned enterprises and instructed them to either find a profitable company to merge with or go bust. |
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