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Source: Getty

In The Media

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.

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By Yukon Huang
Published on Nov 13, 2012
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The Asia Program in Washington studies disruptive security, governance, and technological risks that threaten peace, growth, and opportunity in the Asia-Pacific region, including a focus on China, Japan, and the Korean peninsula.

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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

Yukon Huang

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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Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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