This book provides a detailed description of state-owned
enterprises (SOEs) in China with respect to both efficiency and
income distribution. It demonstrates that state ownership in the
form of SOEs does not use resources efficiently, holds a poor
record in income distribution, and enjoys unfair advantages while
competing with other firms. To illustrate this, the book presents
data on how favored policies, monopolistic powers, and subsidies
benefit SOEs.This book, with its rich empirical data and
information, serves as an authoritative reference for researchers
interested in SOEs. It is also a good read for students of social
sciences and general public.
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