1.

Record Nr.

UNINA9910716632903321

Autore

Szamosszegi Andrew Z.

Titolo

An analysis of state-owned enterprises and state capitalism in China / / by Andrew Szamosszegi and Cole Kyle

Pubbl/distr/stampa

Washington, D.C : , : U.S.-China Economic and Security Review Commission, , 2011

Descrizione fisica

1 online resourc (v, 116 pages) : color illustrations

Soggetti

Capitalism - China

Government business enterprises - China

Government ownership - China

Investments, Foreign - China

Capitalism

Economic policy

Government business enterprises

Government ownership

Investments, Foreign

China Economic policy

China

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"October 2011."

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

"The U.S. China Economic and Security Review Commission released an analysis of state-owned enterprises (SOEs) and state capitalism in China. It shows that the economic reality in China is state control, not capitalism. 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 Chinese Communist Party (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 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."--Summary.