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China Unveils Details of State-Firm Reform as Growth Sputters

China unveiled details on Sunday of how it would restructure its mammoth state enterprise sector, including partial privatization, as data pointed to a cooling in the world's second-largest economy. The guidelines, jointly issued by the Communist Party's Central Committee and the State Council, China's cabinet, included plans to clean up and integrate some state firms, the official Xinhua news agency said. It did not elaborate. Reform of underperforming state-owned...

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