China Netcom, one of the major telecommunications service providers in China, has announced plans to sell five of its affiliated star-rate hotels in the coming months.
The five hotels that China Netcom wants to sell are the five-star Beijing Jingdu Xinyuan Hotel, four-star Jinan Litian Hotel, four-star Qingdao Litian Hotel, four-star Qiqiha'er Guaomain Hotel, and three-star [...]
Tag | SOE
China Netcom Sheds Hotel Assets
07 April 2009
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