Beijing Gains Control of 68 Army Holdings
- Share via
From Times Wire Reports
The military has handed over 68 enterprises in Beijing to the city government as part of a Communist Party order, the Beijing Daily reported. The army transferred the enterprises, with assets totaling $170 million, on Friday, the paper said. It said the businesses covered real estate, pharmaceuticals, trade and transportation.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
