Privatisation with Chinese Characteristics; Government and Business in China  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8749 (Sep. 2011), page 12-14.
Topik: International; Economic Development; Government Agencies; Privatization; Image

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.67 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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After a deadly high-speed train crash in Zhejiang province in July, the authorities sent bulldozers to bury the wreckage. The crash was an embarrassment; a reminder that China's state-directed rush to modernise has involved cut corners, shoddy safety standards and a staggering amount of corruption. That contradicted the official storyline, in which China has become the world's second-largest economy thanks to the Communist Party's wise guidance. Rather than grapple with awkward counter-evidence, the party tried to bury it. No wonder it is so hard to judge China's state-led economic model. The government's actions lie hidden beneath hundreds of tonnes of secrecy, and beyond easy measurement. But as our briefing this week makes clear, China's semi-privatised companies are both more varied and less admirable than is popularly understood.

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