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An Analysis of State-owned Enterprises and State Capitalism in China

An Analysis of State-owned Enterprises and State Capitalism in China

Paperback

Economics

ISBN10: 1475293259
ISBN13: 9781475293258
Publisher: Createspace
Published: Oct 26 2011
Pages: 124
Weight: 0.67
Height: 0.26 Width: 8.50 Depth: 11.02
Language: English
China's breathtaking economic growth, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. Although China's reliance on private enterprise and market-based incentives has been growing, and the CCP's treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China's SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.

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Economics