Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 15 pages
Data source: Published sources
Topics:
State-owned enterprises (SOE); Iron-rice bowl; Soft-budget constraints; Governmental subsidies; Non-performing loans (NPLs); Zhuade Fangxiao; Corporate governance; State Assets Supervision and Administration Commission; Gaizhi; Shanghai Boasteel Group Corporation; China National Offshore Oil Corporation (CNOOC); Haier Group; Productivity; Bankruptcy; SOE reforms
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https://casecent.re/p/19556
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Abstract
China has long dominated the world manufacturing sector by virtue of its low cost labour and China''s state-owned enterprises (SOEs) have been the principal drivers of the industry by providing the essential raw material, dominating the capital-intensive sectors such as power, steel, chemicals, machinery, and providing employment. Post 1978, China has been making a concerted effort to transform its ''planned economy'' into a ''socialist market economy'' by restructuring its problem ridden state-owned enterprises and making them into profitable global players. The case elicits a discussion on, not only the problems being faced by the state-owned enterprises in China, but also the importance of these institutions to its economy.
Location:
Other setting(s):
2004
About
Abstract
China has long dominated the world manufacturing sector by virtue of its low cost labour and China''s state-owned enterprises (SOEs) have been the principal drivers of the industry by providing the essential raw material, dominating the capital-intensive sectors such as power, steel, chemicals, machinery, and providing employment. Post 1978, China has been making a concerted effort to transform its ''planned economy'' into a ''socialist market economy'' by restructuring its problem ridden state-owned enterprises and making them into profitable global players. The case elicits a discussion on, not only the problems being faced by the state-owned enterprises in China, but also the importance of these institutions to its economy.
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Location:
Other setting(s):
2004