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China's Game Plan
-- Save China's 1,000 largest state enterprises while letting smaller, money-losing companies be merged, taken over by private investors, or dissolved
-- Monitor the performance of state-enterprise managers through outside ''human-resource centers''
-- Set up a $3.7 billion war chest to cover bad debts of state enterprises that merge with profitable companies or go bankrupt
-- Relieve the social welfare burden of companies by setting up provident funds to pay for health care and pensions and to make mortgages available for workers to buy apartments
DATA: BUSINESS WEEK
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Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
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