The Role of Government in Industrialization

Xiaohuan Lan ()
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Xiaohuan Lan: Fudan University

Chapter Chapter 4 in How China Works, 2024, pp 123-174 from Springer

Abstract: Abstract At the beginning of 2019, I visited Taipei and met a local executive of an American company who exclaimed: “The economics on your mainland (China) is different from what I studied at Harvard Business School - markets, competition, supply and demand – your mainland companies receive government subsidiesgovernment subsidies and support, how can we be expected to win such competition? You cannot do that all the time, otherwise our companies will die!”

Date: 2024
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DOI: 10.1007/978-981-97-0080-6_4

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