The Road Ahead for Chinese SOEs
Author | : Jingyu Mao |
Publisher | : |
Total Pages | : 0 |
Release | : 2018 |
ISBN-10 | : OCLC:1430597983 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book The Road Ahead for Chinese SOEs written by Jingyu Mao and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Chinese State Owned Enterprises are facing problems of over-capacity and inefficient productivity. These problems have contributed to the slowdown of Chinese economic growth. Some people believe that this is the time for SOEs to improve their productivity and financial system in order to be more efficient to support future Chinese economic growth. However, the central government has decided to not reform the current SOE system and continue funding SOEs in order to let them play an important role in the "Belt and Road Initiative." Many people think that this is a way to vindicate SOEs, or to excuse the current domestic economic problems that SOEs created in China. The first chapter identifies possible reasons for the recent downturn in China's economic growth and explores its relationship to the SOE system. Chapter 2 reviews the role that China's SOEs play in the Belt and Road Initiative, whether or not they are capable of maintaining their current form in this role, and what kind of difficult challenges they might face in this project. The SOEs' potential for success or failure in this initiative is predicted. Chapter 3 concludes whether or not SOEs' participation in the Belt and Road Initiative is worth the cost to the future of Chinese economy.