- China's suddenly vigorous enthusiasm for investigations into corporate behavior could strengthen further, with the National Development & Reform Commission (NDRC) reported to be considering probes into the petroleum, telecommunications and banking sectors.
- The idea is to scrutinize industries that affect the lives of ordinary Chinese. However, the sectors mentioned are dominated by state-run companies, such as China Unicom (CHU), China Mobile (CHL) and China Telecom (CHA) in the communications industry, while it's the government that sets the price of oil.
- The healthcare sector is already under well-publicized scrutiny, while the NDRC has also asked for information about the prices of foreign cars.
China mulls investigations into more sectors
Aug 15 2013, 04:27 ET