An analysis of state-owned enterprises and State capitalism in China

State-Owned Enterprises and State Capitalism in China

Volumn , Issue , 2012, Pages 1-119

  Szamosszegi, Andrew ^a   Kyle, Cole ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84946913693     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Chapter

References (178)

1. Overview: China Construction America, Inc. 2009.
2. http://www. chinaconstruction.us/Overview.jsp?id=2 (accessed July 20, 2011).
3. www.khi.co.jp.
4. Abrami, Regina M., and Weiqi Zhang. China Construction America (A): The Road Ahead. Cambridge: Harvard Business School, 2011.
5. Agricultural Bank of China. ABC Signed the Bank-Enterprise Comprehensive Strategic Cooperation Agreement with China Southern Airlines. Beijing, June 11, 2011.
6. Alaska Railroad Isn't Joking-It's Paying the Chinese US Department of Defense Funds to Build a US Army Bridge. August 2011. http://www. aisc.org/contentnsba.aspx?id=20844 (accessed August 12, 2011).
7. Aluminum Corporation of China Limited. "Form 20-F for 2010." 2011.
8. Anderlini, Jamil. "China to Deploy Foreign Reserves." Financial Times. July 21, 2009. http://www.ft.com/intl/cms/s/0/b576ec86-761e-11de-9e59-00144feabdc0.html#axzz1ZjaEPOtr.
9. Anderson, Craig and Guo, Bingna. Corporate Governance under the New Company Law: Fiduciary Duties and Minority Shareholder Protection. O'Melvany & Myers, LLP, 2005.
10. "ARJ21 Wing Problems Drive Program Delay." Aviation Week. November 15, 2010.
11. AsiaPulse News. "China's Hebei Steel to Take 10% Stakes in 7 Private Mills." January 6, 2011.
12. Barboza, David. "Bridge Comes to San Francisco With a Made-in-China Label." The Yew York Times, June 25, 2011.
13. Barth, James, Koepp, Rob, and Zongfei Zhou. Banking Reform in China: Catalyzing the Nation's Financial Future. Milken Institute, 2004.
14. Baumol, William J., Robert E. Litan, and Carl J. Schramm. Good Capitalism, Bad Capitalismn and the Economics of Growth and Prosperity. New Haven: Yale University Press, 2007.
15. Bhattasali, Deepak. Accelerating Financial Reform Market Restructuring in China. Washington DC: World Bank, 2002.
16. Biography of Mao Zedong. January 22, 2010. www.idcpc.org.cn.
17. "Catalogue for the Guidance of Foreign Investment Industries." 2007.
18. "Catalogue of Key Industries, Products, and Technologies for Development by the State."
19. "Certain New Pneumatic Off-The-Road Tires from the People's Republic of China: Final Affirmative Determination of Sales at Less Than Fair Value and Partial Affirmative Determination of Critical Circumstances." 73 Fed. Reg. 40,485 and accompanying Decision Memorandum. July 15, 2008.
20. China and the WTO. Washington DC: World Bank, 2003.
21. China Communications Construction Company Limited. "2010 Annual Report." 2011.
22. China Daily. "Hebei Iron arms merger to challenge Baosteel." June 25, 2009.
23. China in the Global Economy: Governance in China. Paris: Organization for Economic Cooperation and Development, 2005.
24. China Knowledge Newswires. "Hebei Iron inks agreement with 5 private steel enterprises." November 15, 2010.
25. "China Officially Arrests Rio Employees." Financial Times. August 12, 2009. http://www.ft.com/intl/cms/s/0/6ecc05e6-86db-11de-9e8e-00144feabdc0.html#axzz1ZjaEPOtr.
26. China Petroelum & Chemical Corporation. "Form 20-F for 2010." 2011.
27. China plane business gets its wings. May 11, 2008. www.news.bbc.co.uk.
28. China Quarterly. "Deng Xiaoping: The Stateman." 1993.
29. "China Ready To Challenge Airbus, Boeing." The China Daily Europe. January 7, 2011.
30. China Southern Airline Corporation Limited. "Form 20-F for 2010." 2011.
31. China Telecom Corporation Limited. "Form 20-F for 2010." 2011.
32. China Update. Squire, Sanders, and Dempsey, 2006.
33. China Widens Probe of Steel Industry. 14 July, 2009. http://www. chinadaily.com.cn/china/2009-07/14/content_8423527.htm.
34. "China-Africa Summit Yields $1.9 Billion in Deals." The Washington Post. November 6, 2006. http://www.washingtonpost.com/wp-dyn/content/article/2006/11/05/AR2006110500742.html.
35. Chinadaily.com. "Baosteel merger talks with Baotou collapse." June 1, 2010.
36. China's Emerging Private Enterprises-Prospects for the New Century. Washington DC: World Bank, 2000.
37. China's Growth and Integration into the World Economy, Prospects and Challenges. Washington DC: International Monetary Fund, 2004.
38. "China's Industrial Policy and Its Impact on U.S. Companies, Workers, and the American Economy: Testimony of Terrence P. Stewart ." Hearing before the United States-China Economic and Security Review Commission. March 24, 2009.
39. China's Ministry of Commerce and Fudan UCC. "Survey of Chinese Multinationals." 2010.
40. "China's Reserve's Climb by $153 Billion." Financial Times. July 12, 2011.
41. "China's Yukos: The Rio Tinto Case Shows Putinism Is Moving East." Wall Street Journal. August 11, 2009. http://online.wsj.com/article/SB1000142 4052970204251404574343921718733470.html.
42. ChinaStakes. "BaoSteel Stymied by Provincial Government from Acquiring Ma Steel." May 15, 2009.
43. Chinese People Question Effectiveness of Anti-Monopoly Law on SOEs. Xinhua News.
44. Citric Acid and Certain Citrate Salts from Canada and China. Investigation Nos. 701-TA-456 and 731-TA-1151-1152 (Final) (May 2009).
45. CNOOC Limited. "Form 20-F for 2010." 2011.
46. "Coated Free Sheet Paper from the People's Republic of China: Final Affirmative Countervailing Duty Determination." 72 Fed. Reg. 60,645 and accompanying Issues and Decision Memorandum. October 25, 2007.
47. Confusion at the ILO? China's Government Elected to Governing Body as. . .Worker Delegate. Global Labour Institute, July 7, 2007.
48. "Constitution of the People's Republic of China." Government of China, 1982 (as amended).
49. Interview by Andrew Szamosszegi. Conversation with a lawyer based in Asia Pacific (July 27, 2011).
50. Corkin, Lucy, Burke, Christopher, and Davies, Martyn. China's Role in the Development of Africa's Infrastructure. SAIC Working Papers in African Studies, April, 2008.
51. D&B Family Tree for China State Construction Engineering Corporation (Beijing, Beijing China). Dun & Bradstreet, Inc., 2011.
52. Daneil, Santabarbara. China's Banking Reform: An Assessment of Its Evolution and Possible Impact. Madrid: Banco de Espana, 2005.
53. Datamonitor. "Marine Freight in China." Industry Profile, 2011.
54. Deng, Xiaoping. "Build Socialism with Chinese Characteristics." June 30, 1984.
55. Deng, Yongheng, Randall Morck, Jing Wu, and Bernard Yeung. "Monetary and Fiscal Stimuli, Ownership Structure, and China's Housing Market." NBER Working Paper Series. no. Working Paper 16871. Cambridge, MA: National Bureau of Economic Research, March 2011.
56. Department, U.S. State. Country Report on Human Rights Practices 2006, China. Washington DC: U.S. State Department, 2006.
57. Diamond, Stephen. Race to the Bottom Returns: China's Challenge to the International Labor Movement. Cornell Law School, Working Paper #10, 2003.
58. Dickie, Mure. "Japan Inc Shoots Itself in the Foot on Bullet Train." Financial Times. July 8, 2010.
59. "Directory Catalogue on Readjustment of Industrial Structure." 2005.
60. Doing Business in 2006. Washington DC: World Bank and International Finance Corporation, 2006.
61. Donald, David. Paris 2011: Safran and Comac Form Joint Venture for C919 Wiring. June 23, 2011. http://www.ainonline.com/news/single-news-page/article/paris-2011-safran-and-comacform-joint-venture-for-c919-wiring-30230/(accessed August 12, 2011).
62. Eaton Corporation and Shanghai Manufacturing Co., Ltd. Announce Joint Venture Agreement to Support COMAC C919 Aircraft Platform. July 12, 2010. http://www.eaton.com/Eaton/OurCompany/NewsEvents/News Releases/CT_287932 (accessed August 12, 2011).
63. Economic Survey of China. Paris: Organization for Economic Cooperation and Development, 2005.
64. Economist. "Country Profiles." March 2006.
65. Elias, Paul. "Home Depot Accused: U.S. Justice Department Investigates Company For Buy American Act Violations ." Huffington Post, June 26, 2011.
66. Engardio, Peter. "Online Extra: "China Is a Private-Sector Economy". August 22, 2005. http://www.businessweek.com/magazine/content/05_34/b3948478.htm (accessed August 17, 2011).
67. Finance and Development, Next Steps for China. Washington DC: International Monetary Fund, 2005.
68. Financial Times. "Are these profits or losses?" April 29, 2006.
69. Financial Times. "Immelt Hits Out at China and Obama." July 1, 2010.
70. Frederick, W. Enhancing the Role of Boards of Directors of State-Owned Enterprises. Paris: Organization for Economic Cooperation and Development, 2011.
71. Fujiwara, Hidehito. October 11, 2007. www.asahi.com.
72. "G.E. to Share Technology with China in New Joint Venture." New York Times. January 17, 2011.
73. Gale, H. Frederick, Francis Tuan, Xiaohui Wang, and Zhi Cao. China Is Using More Corn for Industrial Products. USDA, Economic Research Service, December 2009.
74. Garcia-Herrero, Alicia, Gavila Sergio, and Santabarbara Daneil. China's Banking Reform: An Assessment of Its Evolution and Possible Impact. Madrid: Banco de Espana, 2005.
75. Garnaut, Ross, Song, Ligang, Tenev, Stoyan, and Yang. China's Ownership Transformation: Process, Outcomes, Prospects. Washington DC: World Bank, 2005.
76. General Rules on Loans. August 1, 1996.
77. Government of China. www.gov.cn.
78. Gu, Edward. "Beyond the Property Rights Approach: Welfare Policy and the Reform of State-Owned Enterprises in China." Development and Change, 2001:129-150.
79. Guangzhou Shipyard International Company Limited. "Annual Report 2010." 2011.
80. Guiding Opinion on Promoting the Adjustment of State-Owned Capital and the Reorganization of State-Owned Enterprises. Government of China, 2006.
81. Hammer, Alexander. The Dynamic Structure of U.S.-China Trade. Washington DC: United States International Trade Commission, 2006.
82. Hille, Kathrin. "Huawei drops US security challenge." Financial Times, February 19, 2011.
83. "Home Away From Home Investment." China Daily. July 27, 2011. http://www.chinadaily.com.cn/business/2011-07/27/content _12990227. htm.
84. Hornby, Lucy. Provinces become battleground in China's WTO offer. July 21, 2010. https://uk.reuters.com.
85. Hornby, Lucy. Reuters. July 21, 2010. http://uk.reuters.com.
86. How China Is Ruled. January 25, 2010.
87. http://news.bbc.co.uk/2/shared/spl/hi/in_depth/china_politics/government/html/1.stm.
88. Huang, Yasheng. Capitalism with Chinese Characteristics: Entrepreneurship and the State. New York: Cambridge University Press, 2008.
89. "Interim Provisions on Promoting Industrial Structure Adjustment for Implementation." (No. 40 (2005)).
90. "Interim Regulations on Supervision and Management of State-Owned Assets of Enterprises." State-Owned Asset Supervision and Administration Commission. Government of China, 2003.
91. International Energy Agency. China Overcomes the US to Become the World's Largest Energy Consumer. July 20, 2010. http://www.iea.org/index_ info.asp?id=1479.
92. Interview by INT1. Interview with former SOE executive (Summer 2011).
93. Interview by INT1. Interview with resource industry executive (Summer 2011).
94. Interview by Andrew Szamosszegi. Interview with U.S. government official (August 1, 2011).
95. Is China Re-nationalizing? April 10, 2010. www. chinabizgov.blogspot.com.
96. Jefferson, Gary and Inderjit Singh. Enterprise Reform in China: Ownership, Transition, and Performance. Washington DC: World Bank-Oxford University Press, 1999.
97. Kane, Thomas. "China's Foundations: Guiding Principles of Chinese Foreign Policy." Department of Politics and Asian Studies, University of Hull, United Kingdom, 2001.
98. Kominiak, George, Eisenberger, Jane, Menaul, Kathryn, and Sather, Tara. Sandia Report: The "Command and Control Philosophy of the Communist Party of China. Albuquerque, New Mexico: Sandia National Laboratories, U.S. Department of Energy, 1996.
99. Kyl, Jon, Jim Webb, Richard Burr, Ileana Ros Lehtinen, and Sue Myrick. "Letter to Secretaries Locke and Geithner." February 10, 2011.
100. Lee, Junyeop. State Owned Enterprises in China: Reviewing the Evidence. Organization for Economic Cooperation and Development, 2009.
101. Li, Jing, and Qiyan: Yu, Ning Li. "Baosteel Takeover Plan Meets Resistance." Caijing, June 12, 2006.
102. Lim, Su Aik. "Fitch Affirms Chalco at 'BBB+'; Outlook Stable." Hong Kong, June 1, 2011.
103. Main Functions and Responsibilities of SASAC. March 4, 2011. www.sasac.gov.cn (accessed July 12, 2011).
104. Malveda, Michael P., Hossein Janshekar, and Yoshio Inoguchi. CEH Marketing Research Report: Citric Acid. SRI Consulting, 2009.
105. Martin, Michael F. China's Soveriegn Wealth Fund: Developments and Policy Implications. Washington: Congressional Research Service, 2010.
106. Mattlin, Mikael. "Chinese State-owned Enterprises and Ownership Control." Asia Paper. Vol. 4. no. 6. Brussels institute of contemporary China Studies, 2010.
107. Mattlin, Mikael. The Chinese Government's New Approach to Ownership and Financial Control of Strategic State-Owned Enterprises. Institute for Economies in Transition, Bank of Finland, 2007.
108. McGregor, James. China's Drive for 'Indigenous Innovation': A Web of Industrial Policies. U.S. Chamber of Commerce, Washington DC: Global Regulatory Cooperation Project, July, 2010.
109. McGregor, Richard. The Party: The Secret World of China's Communist Rulers. New York: HarperCollins Publishers, 2010.
110. McKinsey Global Institute. Putting China's Capital to Work: The Value of Financial System Reform. McKinsey & Company, 2006.
111. McLaughlin, Seth. "U.S. ends contracts to foreign-owned firms." The Washington Times, September 29, 2010.
112. Metcalf, David and Li, Jianwei. "Chinese Unions: Nugatory or Transforming? An Alice Analysis." Discussion Paper No. 708, Centre for Economic Performance, December, 2005.
113. Miller, Ronald E., and Peter D. and Blair. Input-Output Analysis: Foundations and Extensions. New York: Cambridge University Press, 2009.
114. National Bureau of Statistics. General Survey Definitions. Management of Registration of Corporations Guidelines, 2002.
115. National Bureau of Statistics of China. China Statistical Yearbook 2008. 2008.
116. National Bureau of Statistics of China. China Statistical Yearbook 2010. 2010.
117. National Development and Reform Commission. 10th Five Year Plan for National Economic and Social Development-People's Republic of China. 2001.
118. National Development and Reform Commission. "11th Five Year Plan for National Economic and Social Development." 2006.
119. National Development and Reform Commission. "The 12th Five Year Guideline for National Economic and Social Development." 2011.
120. Naughton, Barry. "Claiming Profit for the State: SASAC and the Capital Management Budget." China Leadership Monitor. Hoover Institution, 2006.
121. Naughton, Barry. The Chinese Economy: Transitions and Growth. Cambridge, MA: MIT Press, 2006.
122. "Notice of Ministry of Commerce on Further Enhancement of the Approval Scheme for Foreign Investment, Circular 7." Government of China, 2009.
123. "Outline of the National Medium-and Long-Term Plan for the Development of Science and Technology." Government of China, February 9, 2006.
124. "Party Like It's '49." The Economist. October 1, 2009. http://www. economist.com/node/14569466.
125. Pei, Minxin. "The Dark Side of China's Rise." Foreign Policy, March/April 2006.
126. Price, Alan H., Robert E. Lighthizer, and Roger B. Schagrin. "Petition for the Imposition of Antidumping and Countervailing Duties: Certain Oil Country Tubular Goods from the People's Republic of China." April 8, 2009.
127. Progress in China's Banking Sector Reforms: Has Bank Behavior Changed? Washington DC: International Monetary Fund, 2006.
128. Public Procurement in China: European Business Experiences Competing for Public Contracts in China. European Chamber of Commerce, April, 2011.
129. Raice, Shayndi. "Lawmakers Urge Scrutiny of Chinese Gear Suppliers." The Wall Street Journal, October 20, 2010.
130. Railway Age. "China Ministry of Railways (Brief Article)." November 1, 2004.
131. "Remarks by Undersecretary Lael Brainard at U.S.-China Business Council's "Forecast America" Conference." www.treasury.gov, February 10, 2011.
132. Report of the Working Party on the Accession of China. Geneva: World Trade Organization, October 1, 2001.
133. "Ryan Air May Spend Billions on Cheap Chinese Jets." Independent.ie. February 6, 2011.
134. Salidjanova, Nargiza. Going Out: an Overview of China's Outward Foreign Direct Investment. Washington: U.S.-China Economic & Security Reveiw Commission, 2011.
135. Scissors, Derek. Chinese Outward Investment: More Opportunity Than Danger. Heritage Foundation, July, 2011.
136. Shambaugh, David. The Modern Chinese State. Cambridge University Press, 2000.
137. Shirouzo, Norihiko. "Train Makers Rail Against China's High Speed Designs." The Wall Street Journal. November 17, 2010.
138. Socialism with Chinese Characteristics. September 30, 2007. http://english. peopledaily.com.cn/90002/92169/92211/6275043.html# (accessed July 2011).
139. SRI Consulting International. "China Report: Chemical Product Trends-Citric Acid." 2007.
140. State, U.S. Department of. Country Report on Human Rights Practices in China. Washington DC: U.S. Department of State, March 8, 2006.
141. State-owned Assets Supervision and Administration Commission. Useful links: Central SOEs. March 4, 2011. http://www.sasac.gov.cn/n2963340/n2963414/2965155.html (accessed July 8, 2011).
142. "State-owned Enterprises in China: Testimony of Barry Naughton." Hearing before the United States-China Economic and Security Review Commission. Washington, DC, March 11, 2011.
143. "State-owned Enterprises in China: Testimony of Derek L Scissors." Hearing before the United States-China Economic and Security Review Commission. Washington, DC, March 11, 2011.
144. Szamosszegi, Andrew, Charles Anderson, and Cole Kyle. An Assessment of China's Subsidies to Strategic and Heavyweight Industries. Washingtons, DC: United States-China Economic and Security Review Commission, 2009.
145. The Associated Press. Work being done to prepare new Tanana River bridge site. August 8, 2011. http://juneauempire.com/state/2011-08-08/work-being-done-prepare-new-tanana-riverbridge-site-massive-amounts-rock-needed (accessed August 12, 2011).
146. "The Commercial Banking Law of the People's Republic of China." May 10, 1995.
147. The Economist. "A Great Big Banking Gamble: China's Banking Industry." October 29, 2005.
148. The Economist Intelligence Unit. "China Economy: Development Still Lags in Northeast." June 9, 2005.
149. The Economist Intelligence Unit. "China Industry: Government Vows to Retain Stakes in Largest Banks." April 28, 2006.
150. The Economist Intelligence Unit. "China Regulations: Foreign Stake Limits May Not Be Abolished." January 17, 2006.
151. The Economist Intelligence Unit. "China Regulations: Regulator Maintains Stance on Small/Mid-size Banks." May 10, 2006.
152. The Economist Intelligence Unit. "Country Commerce: China." 2006.
153. The Economist Intelligence Unit. "Risk Briefing, China Risk: Labour Market Risk." August 11, 2006.
154. "The Labor Law of the People's Republic of China." July 5, 1994.
155. The State Council. October 25, 2005. http://www.gov.cn/english/links/statecouncil.htm.
156. "The Steel Fist of Government." The Economist. 16 July, 2009. http://www. economist.com/node/14031440.
157. "The Trade Union Law of the People's Republic of China (amended October 27, 2001)." April 3, 1992.
158. Thun, Eric. "Industrial Policy, Chinese-style: FDI, Regulations, and Dreams of National Champions in the Auto Sector." Journal of East Asian Studies, 2004:458.
159. "Trade Policy Review, Report by the Secretariat: People's Republic of China." Geneva: World Trade Organization, 2006. WT/TPR/S/161/Rev. 1.
160. Tsai, Kellee S. Back-Alley Banking: Private Entrepreneurs in China. Ithaca: Cornell University Press, 2002.
161. Tsai, Kellee S. Capitalism without Democracy: The Private Sector in Contemporary China. Ithaca: Cornell University Press, 2007.
162. United States Trade Representative. China To End Subsidies Challenged by the United States in WTO Dispute. November 2007. http://www.ustr.gov/about-us/press-office/press-releases/archives/2007/november/china-end-subsidies-challenged-united-st (accessed August 10, 2011).
163. "United Steel Structures Limited." Bloomberg Businessweek. http://investing. businessweek.com/research/stocks/private/snapshot.asp?privcapId=29975821 (accessed July 20, 2011).
164. Walter, Carl E., and Fraser J.T. Howe. Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise. Singapore: John Wiley & Sons (Asia), 2011.
165. Wang, Hui. "China feels the need for speed." International Railway Journal, August 1, 2007.
166. Wang, Jasmine, and David Levy. "San Francisco's Bay Bridge Gets 5,300-Ton Steel Span Delivery from China." Bloomberg. July 11, 2011. http://www.bloomberg.com/news/2011-07-11/sf-baybridge-gets-5-300-ton-delivery-from-china.html (accessed July 14, 2011).
167. Wang, Jiwei. "A comparison of shareholder identity and governance mechanisms in the monitoring of CEOs of listed companies in China." China Economic Review 21 (2010):24-37.
168. Wang, Ying. "Bridge changes China's image." China.daily.com.cn. July 12, 2011. http://www.chinadaily.com.cn/bizchina/2011-07/12/content_ 12883 119. htm (accessed July 13, 2011).
169. What is the Five-Year Plan. May 21, 2007. http://www.china.org.cn/english/MATERIAL/157595.htm (accessed August 18, 2011).
170. World Trade Organization. "Report of the Appellate Body: United States Definitive Antidumping and Countervailing Duties Measures on Certain Products from China." Geneva, 2011.
171. World Trade Organization. "Trade Policy Review." 2006, WT/TPR/S/161/Rev.1.
172. World Trade Organization. Trade Policy Review: China (Revised). Geneva: WTO, 2010.
173. Xiao, Geng. People's Republic of China's Round-Tripping FDI: Scale Causes and Implications. Tokyo: Asian Development Bank Institute, 2004.
174. Xinhua News Agency. "China Southern Airlines likely to receive 1.5 bln yuan capital injection." February 22, 2010.
175. Xinhua News Agency. "China to promote auto imports in next five years: official." December 26, 2010.
176. Yang, Fengchum. Chinese Government. Beijing: Foreign Language Press, 2004.
177. Yusuf, Shahid, Nabeshima, Kaoru, Perkins, and Dwight. Under New Ownership: Privatizing China's State-Owned Enterprises. Washington DC: World Bank, 2006.
178. Zimmerman, James. "A Legal Guide for Foreign Invested Enterprises." China Law Deskbook. Chicago, IL: American Bar Association, 2005.