Abstract
China runs a bifurcated economy. While a robust and competitive private sector dominates industries like clothing, food, and factory-assembled exports, sectors of strategic importance such as railways, financial services, utilities, energy, telecommunications, education services, and health care are generally not open to private investment. These protected sectors are extensively controlled through government interventions and often dominated by large SOEs.
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Notes
- 1.
According to State-owned Assets Supervision and Administration Commission of the State Council (SASAC ) in 2013.
- 2.
US-China Economic and Security Review Commission (www.uscc.gov).
- 3.
South China Morning Post (www.scmp.com).
- 4.
Fortune Global 500: Our annual ranking of the world's largest corporations (http://money.cnn.com).
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Randau, H.R., Medinskaya, O. (2015). Domination of State-Owned Enterprises. In: China Business 2.0. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-07677-5_4
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DOI: https://doi.org/10.1007/978-3-319-07677-5_4
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