1.

Record Nr.

UNINA9910136575703321

Titolo

State-owned enterprises and state capitalism in China / / Rick Harris and William K. Martin, editors

Pubbl/distr/stampa

New York : , : Nova, , 2012

©2012

ISBN

1-61942-834-2

Descrizione fisica

1 online resource (149 pages) : illustrations, tables

Collana

China in the 21st Century

Disciplina

338.620951

Soggetti

Government business enterprises - China

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Sommario/riassunto

China's breathtaking economic reform, including the rise of private enterprise, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. A number of economic, political and policy trends demonstrate that the Chinese economy has become more market-oriented. Chinese statistics show a dramatic rise in the number of ostensibly private enterprises since the late 1970s. China now has stock exchanges in two cities and hundreds of Chinese firms now have listings in exchanges beyond the mainland. In 1978, capitalists in China were official "class enemies" but in 2001 they were welcomed into the Chinese Communist Party. China's once insular economy now imports more than one trillion dollars annually and is one of the top destinations for foreign investments. This book examines state-owned enterprises (SOEs) in China and the role they play in China's economy, politics and foreign policy.