Subsidies to Chinese Industry: State Capitalism, Business Strategy, and Trade Policy
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How did China move so swiftly in capital-intensive industries without labor-cost or scale advantage from bit player to the largest manufacturer and exporter in the world? This book argues that subsidies contributed significantly to China's success. Industrial subsidies in key Chinese manufacturing industries may exceed thirty percent of industrial output. Economic theories have mostly portrayed subsidies as distortive, inefficiently reallocating resources...
Format:Hardcover
Language:English
ISBN:0199773742
ISBN13:9780199773749
Release Date:April 2013
Publisher:OUP Us
Length:272 Pages
Weight:1.30 lbs.
Dimensions:0.7" x 6.3" x 9.6"
Related Subjects
Business Business & Investing Economics Political Science Politics & Social SciencesCustomer Reviews
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