China's state-owned sector is strangling growth

China's underperforming state-owned enterprises not only receive disproportionate aid from Beijing, but they are choking private sector expansion. The sector is in dire need of reform.

Graph for China's state-owned sector is strangling growth

Luo Jian Chuan, Vice President Chinalco, Xiao Yaqing President Chinalco, Paul Skinner, Chairman Rio Tinto & Tom Albanese, Chief Executive Rio Tinto, at the Annual Results Announcement in London, Britain. (EPA/Newscast/John Taylor)


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