The Russian army is not currently struggling to recruit new contract soldiers, though the number of people willing to go to war for money is dwindling.
Dmitry Kuznets
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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.
The Russian army is not currently struggling to recruit new contract soldiers, though the number of people willing to go to war for money is dwindling.
Dmitry Kuznets
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