Yukon Huang, Isaac B. Kardon, Matt Sheehan
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The Role of SOEs in China's Future
Vested interests have capped the growth of the private sector in China. The Chinese government needs to promote greater competition between the state-owned enterprise sector and the private sector.
Source: CNBC's Squawk Box
Speaking on CNBC's Squawk Box, Carnegie's Yukon Huang discussed what needs to be done to strengthen China's business environment. Vested interests have capped the growth of the private sector in China, he explained. The Chinese government needs to promote greater competition between the state-owned enterprise sector and the private sector.
About the Author
Senior Fellow, Asia Program
Huang is a senior fellow in the Carnegie Asia Program where his research focuses on China’s economy and its regional and global impact.
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