The Nature of the Problem

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Chapter 1 in Reforming China’s State-owned Enterprises and Banks, 2006 from Edward Elgar Publishing

Abstract: 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.

Keywords: Asian Studies; Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2006
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