The film that is going to change China The film reveals the power of the big three oil companies that threaten to shut down supplies if the central government agencies impinge on their turf. Even the most powerful National Development and Reform Commission, Beijing’s key economic planning agency and price regulator looks less omnipotent in front of the big oil bullies. Who would have thought that? The documentary also shines a light on the so-called zombie companies, mostly steel mills, who are relying on government handouts and cheap loans to survive. It talks about these companies’ crude and basic products that no wants to buy as well as their minuscule margins. “10 million tonnes of steel production equates to 100,000 jobs, who dares to shut it down”, says one local official. // hard to imagine this was a truly independent undertaking given Chai's decade plus at CCTV, the sensitivity of the subject and the timing just ahead of the opening of the CPPCC and NPC meetings. If that is the case, it makes this even more interesting

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