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State-owned enterprises' Outward investment and the structural reform in China

Song, Ligang; Yang, Jidong; Zhang, Yongsheng


Since China's accession to the WTO in 2001, China has been on a steep learning curve in terms of engaging in outward direct investment, and state-owned enterprises (SOEs) have played a predominant role in this drive. We argue that investment overseas by SOEs is a double-edged sword as far as its impact on domestic reform is concerned. Investing overseas offers opportunities to deepen structural reform in China, but such investment could also strengthen the monopoly position of some SOEs, which...[Show more]

CollectionsANU Research Publications
Date published: 2011
Type: Journal article
Source: China and World Economy
DOI: 10.1111/j.1749-124X.2011.01249.x


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