Sunday, June 25, 2017

Reigning In Profligate Spending Or Increasing Government Control?

China Probe of Big Companies Could Redefine Their Role Overseas

China is probing the loan practices of a group of big private sector conglomerates who have been on a high-profile global spending spree over the past few years. And although the review targets only a few of the country’s most politically-connected companies, some analysts see an attempt to increase government control over the role played by…