 State-Business Relations and Public-Public Partnerships: China's State-owned Enterprises in Southeast AsiaEdmund Terence Gomez ()
Malaysian Journal of Economic Studies, 2024, vol. 61, issue 1, 141-157 Abstract: China’s hegemonic leader, Xi Jinping, had one core agenda, the Belt & Road Initiative (BRI), which was to be implemented primarily by employing his country’s state-owned enterprises (SOEs). Since 2013, BRI projects have featured extensively in Southeast Asia, a region where countries are led by strongmen leading economies featuring strong state intervention. As the presence of China’s SOEs in Southeast Asia grew, this led to major changes in the nature of state-business relations (SBRs). In this context, where structural power lies with the state, or in this case, the two states of China and the host nation, a fundamental query emerges: who governs in these SBRs? This article analyses this question with a focus on three core themes – China’s mounting presence in Southeast Asia through the BRI, the growing role of SOEs in these economies, and evolving SBRs. Keywords: China; Southeast Asia; Belt & Road Initiative (BRI); state-owned enterprises (SOEs); state-business relations (SBRs) (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:mjr:journl:v:61:y:2024:i:1:p:141-157 Access Statistics for this article Malaysian Journal of Economic Studies is currently edited by Lim Kian Ping More articles in Malaysian Journal of Economic Studies from Faculty of Business and Economics, University of Malaya & Malaysian Economic Association Contact information at EDIRC. |
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