81. Big is beautiful? State-owned enterprise mergers under Xi Jinping
- Author:
- Wendy Leutert and François Godement
- Publication Date:
- 11-2016
- Content Type:
- Special Report
- Institution:
- European Council on Foreign Relations (ECFR)
- Abstract:
- It is merger season again in China, as evidenced by the sources drawn on in this special issue of China Analysis. But who really knows why? Our contributor Wendy Leutert points out how the government’s goals have shifted within the last year alone. In September 2015, new guidelines emphasising the importance of separating state suppliers of public goods from more commercial state firms suggested a possible shift towards the latter having to play by the rules of the market. Today, the more traditional goal of mopping up excess supply and inefficient companies seems to have taken over.
- Topic:
- International Political Economy
- Political Geography:
- China