CHINA NEWS

When we interviewed the head of strategy of Beijing Capital last year, he promised us that BC would be a market leader within five years.

But central planners don’t capture market share the conventional way. Indeed, as competition intensifies in Chinese waters, the state-owned Assets Supervision and Administration Commission (ASAC) of Beijing is thinking of recombining the Beijing Capital Co, Beijing Water Group and Beijing Drainage Group into the largest water group in China. The company would hold 80-90% of the water market in ...

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