CHINA NEWS

* The state-owned public utilities in Lanzhou, Gansu province are to be privatised.

The various municipal bodies reached agreement on the sale of a stake in the Lanzhou Water Supply Group Company to international investors on 20 January. The company, whose assets are thought to be worth RMB514 million ($64 million), was formed last June by the integration of six subsidiary companies of the former water supply company. It is still unclear how ...

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