China hikes state firms' dividend payments
Shanghai (AFP) May 06, 2014 - China has increased the dividends that state firms must pay to the government by five percentage points, it said Tuesday, implementing an economic reform originally unveiled last November. Most state-owned enterprises will now pay between 10 and 25 percent of their profits in dividends - the portion of a company's earnings distributed to shareholders - the Ministry of Finance said in a sta ... more
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