There are stark regional disparities between the inland and the coastal regions in China. Can the less-developed regions ever catch up with the coast?
China’s state-owned enterprises are making progress in honing competitiveness, despite political burdens In 2008, the seaport city of Duluth, Minnesota was catapulted to the gravitational center of US politics and foreign affairs. The state-owned Aviation Industry Corporation of China (AVIC) announced plans for one of its subsidiaries to acquire Duluth-based general aircraft manufacturer, Cirrus. There […]
In December 1978, China began a series of economic reforms collectively termed as the “Reform and Opening Up” policy led by Deng Xiaoping, through which the country embraced “socialism with Chinese characteristics”. Since then, China’s policy makers have walked a winding path towards prosperity, herding the nation’s behemoth state-owned enterprises (SOEs) and an increasingly vibrant private sector in […]
Chinese Direct Investments on the Rise despite Obstruction Recent years have seen a surge in Chinese direct investment in the US. From 2003 to 2010, Chinese businesses established operations and created jobs in at least 35 of the 50 states in the US. During these eight years, there have been a total of 244 Chinese […]