The commanding heights

Article Abstract:

China's state-run firms, as exemplified by the Wuhan Iron And Steel Co, are plagued by over-staffing, high administrative costs, and other inefficiencies. Most private firms, such as Wuhan Cityford Dyeing and Printing, have fewer employees but are more profitable.

Management, Corporations, Corporations, Chinese

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Condemned to live China's great contradiction

Article Abstract:

China is trying to balance its socialist ideals with market economics in its government-owned businesses, to little or no avail. Virtually all of them are now losing money as their output falls and they are unable to lay off workers.

Other General Government Support, National Government Enterprises, Socialism, Mixed economy, Government ownership, Nationalization

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The longer march

Article Abstract:

Reform of state-owned companies in Chian appears likely, though the task is likely to be a long term one.

Economic aspects

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