This is not the beginning of 21st century any more.
As recently reported, the big 4 banks alone earn more than the rest of all private enterprises listed in China stock market.
So the profitable SOEs can't cover the small number of loss-making enterprise?
There is no reason for the SOEs to pay market rate. Do you expect Temasek to pay the same interest rate as some nobody SMEs?
As recently reported, the big 4 banks alone earn more than the rest of all private enterprises listed in China stock market.
So the profitable SOEs can't cover the small number of loss-making enterprise?
There is no reason for the SOEs to pay market rate. Do you expect Temasek to pay the same interest rate as some nobody SMEs?