Powered by

-Fitch: SOE Stake to Boost China Pension Fund, May Support Reform

China's plan to transfer 10% of the government's equity in most commercially-oriented state-owned enterprises (SOEs) to the Social Security Fund (SSF) in early 2018 could put some pressure on SOEs to raise dividends and may eventually support efforts to improve SOE efficiency, says Fitch Ratings.

However, the immediate impact is likely to be minimal and, even over the longer term, it is uncertain to what degree the SSF will be able to prioritise financial interests in the management of its

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox