Chang-Tai Hsieh
Chang-Tai Hsieh
Chang-Tai Hsieh is Professor of Economics at the University of Chicago Booth School of Business.

Growth in China’s business sector has been driven by local governments’ backing of private firms, not SOEs or industrial policy. Forcing China to end its support for state-owned firms and roll back its industrial policy would only remove the shackles on the private sector.

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