Competition in China is defined by the interplay between a large and innovative private sector and a government intent on steering markets toward political ends. – Nicholas Borst
What’s Wrong with Chinese Corporate Profits?
– State-owned firms’ disproportionate control of corporate profits sheds light on the biggest challenge facing the Chinese economy.
What’s Wrong with Chinese Corporate Profits?China’s Models of Competition
– China’s unique models of competition help explain why some industries flourish while others stagnate.
China’s Models of CompetitionDestructive Competition in China
– Industrial policy in China has caused overcapacity and deflation. Government interference has made the problem worse by allowing unprofitable firms to avoid bankruptcy.
Destructive Competition in ChinaNews and Media
The Wire China – Interview with Nicholas Borst
– In an interview with The Wire China, Seafarer’s Nicholas Borst discusses Beijing’s approach to managing its economy: utilizing private markets while maintaining state control.
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