China's State-Owned Sector Gets New Boost

Beijing
When China’s leaders wanted to give a boost to the domestic semiconductor industry last year, a big state-owned electronics company scooped up smaller privately owned chip-design and chip-making firms.
Beijing followed the same script to get control of the sprawling, polluting rare-earths industry: A big state-owned company…

Excerpt from: China’s State-Owned Sector Gets New Boost