*PRIVATE sector, *ECONOMIC development, *BUSINESS enterprises, *STATE capitalism, *GOVERNMENT business enterprises, *CAPITALISM, ECONOMIC conditions in China, 2000-
Abstract
The article discusses the role that private sector businesses play in economic development in China, comparing it with the impact of state capitalism on China's economic conditions. An overview of Chinese industrial state-owned enterprises (SOEs), including their contribution to China's gross domestic product (GDP), is provided.
*RENMINBI, *COMMERCE, *INTERNATIONAL trade, ECONOMIC conditions in China, 2000-, UNITED States economic policy, UNITED States politics & government, 2001-2009
Abstract
The article reports on the economic relationship between the U.S. and China. The U.S. has long been urging China to revalue the yuan, but the article argues that the change could be bad for the U.S. America has filed a complaint against Chinese export subsidies with the World Trade Organization. The Department of Commerce has put 10-20% tariffs on paper from China and is filing more complaints over pirated media. China could see its economy explode with a revalued yuan.
Published
2007
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