The Chinese Economy Demystified: The State Owned Enterprise
It Could Happen Here
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The Different Types of State-Owned Enterprises in China
60% of China's GDP is private and only 40% generated by the state. This shows what actually drives the Chinese economy, not the state at all, but the market. When regular people think about state ownership, it tends to invoke the specter of the USSR. Modern Chinese SOEs, despite sharing the same name as their socialist period predecessors, are very different.
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