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MARKET WATCH
Authors:HU YUE
Abstract:State-owned enterprises dominate the 2011 China top 500 list, igniting worries about the strength of private businesses. Chinese companies are accelerating the pace of global expansion. Initial public offerings of Chinese companies have shrunk as clouds gather over the outlook of global stock markets. Liang Wengen, a heavy machinery tycoon, tops the 2011 Hurun Rich List. The Boston Consulting Group expects China’s consumer lending market to triple by 2015.
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