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Strong arm of the state
HOME > PAST ISSUE > PERSPECTIVE [Premium content] > DispatchesFebruary 2007
International competition is fostering a new breed of state-owned giants that will shape the "free" markets in which they operate
Just as China's growth is breaking new ground, most foreign investors are finding themselves in uncharted
territory when it comes to adapting to fast-changing regulatory and competitive environments.
Despite being the ultimate arbiter of business within its borders, the situation is similar for the Chinese government. As dominant shareholder in some of the country's major commercial enterprises, the state must also confront the unknown - in its case, international competition.
territory when it comes to adapting to fast-changing regulatory and competitive environments.
Despite being the ultimate arbiter of business within its borders, the situation is similar for the Chinese government. As dominant shareholder in some of the country's major commercial enterprises, the state must also confront the unknown - in its case, international competition.
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