China's Economic Model has been based on the US and Europe giving China their manufacturing to give China a kick start. Mission accomplished. It is now time to bring the manufacturing home and for China to start with Lesson # 2: Competition. Brush up on SWOT.
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“SOEs create an uneven play field for private and foreign competitors” That’s somehow true, especially when the SOE’s are willing to sacrifice profit to compete for the market...
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So corruption can be "modeled" these days??
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