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Chinas state enterprises changing role in a rapidly transforming economy

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Chinas state enterprises changing role in a rapidly transforming economy

China’s state EnterprisesRAN LI & KEE CHEOK CHEONGtl Changing Role in a Rapidly Transforming Economykilim?! f®" i iihii IIhi ịịị ỊỊ Illi i l l 11111 ị

Chinas state enterprises changing role in a rapidly transforming economyị IIIIII II I till III II u!!!'! íịíịiịịiiprniiMhttps://khothuvien.cori!China’s State Enterprises“Li and Cheong have written a very important and high

ly readable book. The conventional wisdom about SOEs, like most Western writing on China, sees the latter through a Western prism. The result: it has Chinas state enterprises changing role in a rapidly transforming economy

got China wrong for almost tour decades. In contrast, they ground their nuanced argument in Chinese reality rather than Western assumption. They show

Chinas state enterprises changing role in a rapidly transforming economy

that the differences between state and private enterprises arc blurred and the intrinsic role SOEs have played in China's transformation."Martin Jacqu

China’s state EnterprisesRAN LI & KEE CHEOK CHEONGtl Changing Role in a Rapidly Transforming Economykilim?! f®" i iihii IIhi ịịị ỊỊ Illi i l l 11111 ị

Chinas state enterprises changing role in a rapidly transforming economyeongChina’s State EnterprisesChanging Role in a Rapidly Transforming Economypalgravema cm i IlanRan LiInstitute of China Studies University of Malaya

Kuala Lumpur, MalaysiaKee Check Cheong Institute of China StudiesUniversity of Malaya Kuala Lumpur, MalaysiaISBN 978-981 -13-017S-9 ISBN 978-981 -13-0 Chinas state enterprises changing role in a rapidly transforming economy

176-6 (eBook) https://doi.Org/l 0.1007/978-981 -13-0176-6Library of Congress Control Number: 2018943396<£• The Editor(s) (if applicable) and The Autho

Chinas state enterprises changing role in a rapidly transforming economy

r(s) 2019This work is subject to copyright. All rights arc solely and exclusively licensed by the Publisher, whether the whole or pari of the material

China’s state EnterprisesRAN LI & KEE CHEOK CHEONGtl Changing Role in a Rapidly Transforming Economykilim?! f®" i iihii IIhi ịịị ỊỊ Illi i l l 11111 ị

Chinas state enterprises changing role in a rapidly transforming economyany Ollier physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar

methodology now known or hereafter developed.1 he use of general descriptive names, registered names, trademarks, service marks, etc. in this publicat Chinas state enterprises changing role in a rapidly transforming economy

ion does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and ther

Chinas state enterprises changing role in a rapidly transforming economy

efore free for general use. The publisher, the authors and the editors arc safe to assume that the advice and information in this book arc believed to

China’s state EnterprisesRAN LI & KEE CHEOK CHEONGtl Changing Role in a Rapidly Transforming Economykilim?! f®" i iihii IIhi ịịị ỊỊ Illi i l l 11111 ị

Chinas state enterprises changing role in a rapidly transforming economypect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictio

nal claims in published maps and institutional affiliations.Cover illustration: © travel images / Alamy Stock PhotoCover design by Tom I low cyPrinted Chinas state enterprises changing role in a rapidly transforming economy

on acid-free paperThis Palgrave Macmillan imprint is published by the registered company Springer Nature Singapore Pte Ltd.The registered company add

Chinas state enterprises changing role in a rapidly transforming economy

ress is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, SingaporePrefaceThe year 2018 marks rhe 40rh anniversary of China's “Reform and Ope

China’s state EnterprisesRAN LI & KEE CHEOK CHEONGtl Changing Role in a Rapidly Transforming Economykilim?! f®" i iihii IIhi ịịị ỊỊ Illi i l l 11111 ị

Chinas state enterprises changing role in a rapidly transforming economysolation and “self-reliance” implemented during Mao Zedong’s nearly three decades of rule, bur equally because ir seized rhe imagination of China’s ob

servers, especially Western, with the promise of a China that will embrace democracy and surrender ro rhe dictates of market economics.Forty years on, Chinas state enterprises changing role in a rapidly transforming economy

China has indeed opened its economy to competition, and new reforms of stare enterprises have just been announced. How ever, rather than letting the

Chinas state enterprises changing role in a rapidly transforming economy

market rule the economic transactions, China has taken, to use Robert Wade’s words for the title of his book, to “governing the market". Far from retr

China’s state EnterprisesRAN LI & KEE CHEOK CHEONGtl Changing Role in a Rapidly Transforming Economykilim?! f®" i iihii IIhi ịịị ỊỊ Illi i l l 11111 ị

Chinas state enterprises changing role in a rapidly transforming economy learned capitalism well, but is practicing state-led capitalism. As tor embracing democracy, there has been scant evidence of convergence to Western

norms. Yet, this alternative model that challenges the very core of “mainstream" political and economic governance has produced over three decades of Chinas state enterprises changing role in a rapidly transforming economy

spectacular and uninterrupted economic growth, earning China the reputation of “economic powerhouse”.How can this apparent paradox be explained? This

Chinas state enterprises changing role in a rapidly transforming economy

book, about China's state enterprises, key institutions of the state that, given their importance, undoubtedly figure prominently in the country’s eco

China’s state EnterprisesRAN LI & KEE CHEOK CHEONGtl Changing Role in a Rapidly Transforming Economykilim?! f®" i iihii IIhi ịịị ỊỊ Illi i l l 11111 ị

Chinas state enterprises changing role in a rapidly transforming economyng thatV

China’s state EnterprisesRAN LI & KEE CHEOK CHEONGtl Changing Role in a Rapidly Transforming Economykilim?! f®" i iihii IIhi ịịị ỊỊ Illi i l l 11111 ị

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