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Recent China research

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China's corporate governance limps forward

Overview

While the management of major Chinese companies has improved significantly, poor governance is likely to remain a feature of the business landscape in the medium term, despite some positive reform aspects. New regulations have improved the formal corporate governance infrastructure, mandating widespread financial disclosures and altering the internal balance of control in companies.

But, while structural reforms and listings of state-owned enterprises (SOEs) means that the...

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