The Limits of State Capitalism
In today's international debate over China's development model, a commonly heard term is "state capitalism,' and one oft-cited example of this is the country's development of high-speed railways.
Yet, in this issue of Caixin we report on exorbitant prices paid for bathroom fixtures on new bullet trains, further evidence if any were needed of the ills of state-led market development. In light of such abuses, a closer look at state capitalism is timely.
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- An Investment Company Tries Its Hand at Farming
- Alibaba Intending to Dig Deep for E-commerce Gold
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- Closer Look: Li's India Trip about 'Exploring New Strategies'
- N. Korean Escape
- Financial Industry 'Should Be Opened up More'
- In Monday's Papers: Danone, COFCO in JV Agreement, Work on Two CRC Lines Delayed
- Four Local Gov'ts Eye Greater Borrowing This Year
- Billion Yuan Buddha
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- Too Big To Fail Is Bigger than Ever
- Why Foxconn's Switch to Robots Hasn't Been Automatic
- Marriage, Sex and Character
- Delicacies of the Chinese Dream
- Playing the Long Game
- Investment Company Asks: Can We Legally Short Sell?
- The Real Reason the Stock Market Is Slumping
- Is China Welcome in the Arctic?
- Teams to Draft Reform Topics for Party Congress Set up
- Errors of Aggression Catch up with Underwriter