Breakingviews: Investors Get a Ringside Seat on China Reform - Presented by: The Aol. On Network

"Citic's 37 billion dollar merger with its Hong Kong-listed subsidiary, Citic Pacific, gives us an unprecedented insight into the lives of China's sprawling SOE conglomerates. There's everything in there, from banking, to securities, to helicopters, to even a football team - Beijing Guoan - and it's all being pumped into the Hong Kong-listed vehicle to give investors - public investor -, a chance to participate in China's state-owned enterprise reform.



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