China crackdowns shrink private sector’s slice of big business

March 30, 2022 7:21 AM

HONG KONG (BLOOMBERG) – China’s regulatory crackdowns last year reduced the private sector’s share of the country’s big businesses for the first time in seven years, but probably won’t be enough to send them into retreat entirely.

Source : https://www.straitstimes.com/business/economy/china-crackdowns-shrink-private-sectors-slice-of-big-business