China reportedly set to open operators to private investment

The Chinese government has released a statement encouraging private investment in the telco sector to drive the country’s competitiveness in the internet-defined economy.
In a move to reverse the perception that state owned-enterprises are clunky, over-staffed and lethargic operations, the CPC Central Committee and the State Council has issued a notice granting ‘free rein to telecommunications companies in the development of the internet’, according to Reuters. The objective se