ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

China's SOEs beat hamstrung private sector in profits

Signs of distortion emerge from Xi's emphasis on state sector

A petrochemical plant in China's Liaoning Province: State-owned enterprises on the upstream end of supply chains are less vulnerable to rising costs. (Photo by Shin Watanabe)

BEIJING -- China's state-owned enterprises have pulled ahead of the private sector in profitability this year, as private businesses grapple with an array of challenges including regulatory crackdowns, cash crunches and soaring material costs.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more