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Author: | He, Chengying |
Title: | Foreign business men' merging state-owned enterprises: introducing foreign investment or making state assets drain (original in Chinese) |
Journal: | Special Zone Economy (c)
1996 : 5, p.22-24 |
Index terms: | FOREIGN INVESTMENT FINANCIAL MANAGEMENT CHINA PUBLIC COMPANIES |
Language: | chi |
Abstract: | In the course of foreign businessmen' merging state enterprises, what worry one are the infringement of assets rights and interests and the drain of a large amount of state-owned assets. According to an introduction of related materials, in a certain province, the volume of the drain of state-owned assets hit 15 billion yuan in the course of merger due to the fact that the state-owned assets are not appraised or under valued. Besides, some foreign businessmen even have speculated in purchasing state enterprises. So to protect China's state-owned assets, we must perfect state assets-appraising system. The government should strengthen control and guidance in this line. |
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