Saturday, December 27, 2008

FT: China’s state sector urged to boost economy

China’s state sector urged to boost economy

By Jamil Anderlini in Beijing

Senior government officials have publicly called on China’s state-owned sector to increase its dominance in the economy in response to rapidly cooling growth and plummeting profits.

Analysts say while no one in the Communist-controlled government favours a return to traditional central planning, advocates of continued state dominance of the economy are clearly ascendant in Beijing.

FT article

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