Saturday, February 26, 2005

Found It

China has opened up a number of state-owned and once-strategic sectors of its economy to local and foreign private investment in a decision which will extend the role of entrepreneurs in industries long monopolised by the government.

The sweeping reform, announced in a policy document released by the State Council, China's cabinet will legalise private investment in sectors including power, rail, aviation and oil.

Bush said the tax breaks for the wealthy would create investment in more jobs, he just didn't tell you where.

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