Investment with Chinese Characteristics

Mark A. Weaver

Chapter Chapter 2 in Animal Spirits with Chinese Characteristics, 2012, pp 11-29 from Palgrave Macmillan

Abstract: Abstract An analysis of investment cycles must begin with the underlying economic system that gives rise to them. In China, the system is essentially socialist. The main players are state-owned enterprises and local governments; the rules of the game are primarily a consequence of public ownership. This chapter focuses on these “Chinese characteristics,” describing the nature and extent of the state’s role in investment.

Keywords: State Sector; China Statistical Yearbook; Limited Liability Company; Chinese Characteristic; Asset Investment (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-11012-1_2

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DOI: 10.1057/9781137110121_2

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