This book's starting point is that after two decades of
experiments, during which other transition economies have
effectively privatised all of their former state enterprises, China
is still endeavouring to find a way to reinvent and re-engineer its
own state-owned economic establishments. The authors explore these
reforms along with the problems of China's state-owned banks, which
have long been troubled by the adverse loans of Chinese enterprises
and face foreign competition in 2007 under China's WTO commitments.
Drawing on wide-ranging case studies of enterprise reform, Becky
Chiu and Mervyn Lewis combine their extensive experience to give an
authoritative account of China's enterprise and bank reform agenda,
involving property rights, improved corporate governance and
stimulating enterprise. This book will be of great interest to
business economists, academic economists and those following the
development of the Chinese economy.
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