SOE profits decline in January-April
By Wang Bo | China Daily | Updated: 2009-05-21 08:18
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Customers walk past a China Telecom sign at one of the State-owned company's service centers in Shanghai. Bloomberg News |
Profits of China's State-owned enterprises (SOE) continued to fall in the first four months of the year, albeit at a slower pace, as the nation's giant stimulus package started to take effect.
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