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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.

by Yukon Huang

published by

CNBC's Squawk Box

on November 13, 2012

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.

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.