- January 9, 2014
Fixing China’s State Sector
China’s government has the ability to improve the financial performance of its SOEs. And it can help them to fulfill their original mandate while also boosting the potential for future growth across the entire Chinese economy. This policy memorandum argues that the best solution is to return to the policy orientation of the 1997-2003 period, when the government encouraged the exit of underperforming SOEs. The memo also proposes some ideas for how to get China’s SOEs back on track and more closely aligned with their core mandates.
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