Beijing to let private investors buy up to 15 per cent of state-owned firms, top official says

China will allow private investors to buy up to 15 per cent stakes in state-owned enterprises (SOEs), the official China Daily reported, as Beijing moves to leverage private funds to avoid having to bail out heavily indebted SOEs.

via Business feed http://www.scmp.com/business/economy/article/1353272/beijing-let-private-investors-buy-15-cent-state-owned-firms-top