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Essay / Research Paper Abstract
This 10-page paper covers the topic of State-Owned Enterprises (SOEs)in China, their history, their reforms, and how these reforms are impacting the Chinese economy. Bibliography lists 10 sources.
Page Count:
10 pages (~225 words per page)
File: D0_MTchisoe.rtf
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Unformatted sample text from the term paper:
It is to that mainland China turned to communism following the 1949 rebellion, and structured its economy along a Marxist/socialist line by which the state would control everything.
For many years, this happened, with the state owned enterprises being the primary movers and shakers of the Chinese economy. However, since
the 1950s, reforms have gradually been introduced that have attempted to move the state owned companies and industries from total dependence on the government to entities impacted by free market
conditions. This is not to say that the move has been entirely successful -- as This paper will show, there have been plenty of critics against what the government
has done. Still, though the past has been torturous, China is doing its best to convert its market and its industry into a free market one.
This paper will focus both on the moves that government has made as well as the impact of these moves on the state owned enterprises
and the economy as a whole. History of SOEs Before determining the success or failure but Chinese economic reform, it is helpful
to examine both the history and structure of the Chinese economy. After the Peoples Republic of China was established in 1949, the Chinese government initiated economic policies that were
very typical to those of the Soviet Union -- in other words, most businesses were state owned and state run (Bell, 1997; see also Hsueh, 2002). The new system took
the place of the old feudal system, in which much of the land was owned by the wealthy and the elite, with lower classes taking care of it -- generally
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