But the changes were necessary, he said, as part of an extensive restructuring of China's system of tax preferences.

Hoechst has already angered many of its workers in Germany through an extensive restructuring.

And General Cinema's profits came only after an extensive restructuring, in which the company also closed some theaters.

Last year, it emerged after an extensive restructuring.

After extensive restructuring, the airline was offered for sale on 29 September 2001.

But after extensive financial restructuring, the league started to recover and expand during the 1990s.

Following extensive restructuring, the company returned to profitability in 2005.

In 1983, an earthquake caused considerable damage to the building, making extensive restructuring necessary.

At both companies, he was involved in extensive restructurings and disposition of assets.

"We are still in the throes of very extensive restructuring in key industries," he said.