China: State-owned firms left behind as dependence on US grows

Doug Henwood dhenwood at panix.com
Wed Feb 9 18:31:55 PST 2000


Stephen E Philion wrote:


>The imports and exports of foreign-invested joint ventures in the mainland
>exceeded those of state companies last year for the first time, while the
>country's dependence on the United States as an export market increased.

Is this what they call "socialism with Chinese characteristics"?

Doug



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