I think we can accept that. The government of china does have a say in how the companies operate both domestically and overseas while in the US, companies are free to pretty much do what they want as long as they are not breaking the law. China's economy may be more stable as a result. read more
The clamour for SOE reform grows louder from all parts of China, and the government has taken the first step of a new long march toward the mixed economy. The process will be slow and controversial, but with changed rules, the game will be different. read more