David Fishman @pretentiouswhat · 03 Sep 2026
China has tens of thousands of SOEs (国企) but just 99 central SOEs (央企). Most of them were formed in the reform area, e.g.,: Sinopec: 1983 CNPC: 1988 State Grid: 2002 The oldest was formed in 1872. What is it? The youngest formed just last year (2025). What is it?
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