China Fortifies State Businesses to Fuel Growth »
By kinseys11 on Sep 2, 2010 in Homework | 0 Comments
China Fortifies State Businesses to Fuel Growth Michael Wines The Chinese government’s role in their economy can be summed up in four words: “guo jin, min tui”. This simple phrase has become a saying in China, meaning “the state advances, the private sector retreats”. Similar to the US, China has suffered from an economic recession. [...]
