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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.
SCIMA record nr: 156589
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