Chinese State-Owned Enterprises Lose Money in Overseas Adventures

Chinese state owned companies are spending big around the world—and in many cases losing big as well.
Chinese State-Owned Enterprises Lose Money in Overseas Adventures
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/106438713.jpg" alt="A man watches the Saudi Arabian Mecca Light Rail (MLR), a China Railway Construction Corporation (CRCC) project, in Saudi Arabia on November 2, 2010. To date the light rail has incurred losses amounting to 4.13 billion yuan (US$641.28 million) for the Chinese Government. (Amer Hilabi/AFP/Getty Images)" title="A man watches the Saudi Arabian Mecca Light Rail (MLR), a China Railway Construction Corporation (CRCC) project, in Saudi Arabia on November 2, 2010. To date the light rail has incurred losses amounting to 4.13 billion yuan (US$641.28 million) for the Chinese Government. (Amer Hilabi/AFP/Getty Images)" width="320" class="size-medium wp-image-1801395"/></a>
A man watches the Saudi Arabian Mecca Light Rail (MLR), a China Railway Construction Corporation (CRCC) project, in Saudi Arabia on November 2, 2010. To date the light rail has incurred losses amounting to 4.13 billion yuan (US$641.28 million) for the Chinese Government. (Amer Hilabi/AFP/Getty Images)
Xin Min
Xin Min
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