November 6, 2018 / 6:56 AM / 12 days ago

China to encourage centrally held shipping firms to merge and consolidate

BEIJING (Reuters) - China will encourage mergers and consolidations among central government-held shipping companies, the head of the state assets regulator said on Tuesday.

Xiao Yaqing, chief of state-owned Asset Supervision and Administration Commission (SASAC) was speaking at a forum on the sidelines of China International Import Expo (CIIE) in Shanghai.

Reporting by Tom Daly and Beijing Monitoring Desk, Editing by Sherry Jacob-Phillips

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below