Nonmarket Strategy in China

John A. Parnell
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John A. Parnell: University of North Carolina at Pembroke

Chapter Chapter 10 in Nonmarket Strategy in Business Organizations, 2019, pp 113-125 from Springer

Abstract: Abstract Mao Zedong, founding father of the People’s Republic of China (PRC), led the nation from 1949 until his death in 1976, a time when China was largely undeveloped and economically isolated from the USA and other Western nations. Deng Xiaoping took the reins in 1978 and launched a series of economic reforms that has forever changed the nation’s trajectory. For the first time since the revolution, agriculture was decollectivized, foreign investment was permitted, and Chinese entrepreneurs were permitted to start businesses. Regulations and price controls were relaxed shortly thereafter, although many firms are still state-owned and the government’s monopolies in the banking and petroleum sectors have been retained.

Keywords: Nonmarket Strategy; SOEs State-owned Enterprises; Freedom Score; Initial Public Offering (IPO); Organization For Economic Cooperation And Development (OECD) (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-93242-2_10

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DOI: 10.1007/978-3-319-93242-2_10

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