How do you dismantle a $16 trillion government behemoth that controls everything from nuclear power plants to tourism kiosks? This time, instead of using the shock therapy of mass privatizations championed by Britain in the 1980s, China is trying to improve state industries without putting thousands out of work during an economic slowdown. Policymakers are proposing to strip government holdings …

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How China Wants to Overhaul its $16 Trillion Corporate Monster

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