President Obama’s announcement of progress and support for the Trans-Pacific Partnership (TPP) during the recent Asia-Pacific Economic Cooperation (APEC) summit has led to new scrutiny of the role of SOEs in Asia. Many business groups, including the Chamber of Commerce and the Coalition of Service Industries, have argued that any agreement must include provisions that [...]

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One of the most prevalent claims bandied about is that China’s stimulus went overwhelmingly to state-owned enterprises and set back the development of the private sector. The data on the actual implementation of the stimulus package is spotty, but an analysis of loan trends in China during the past two years (for which the data is more complete) shows [...]

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