Pascal Lamy, the former head of the World Trade Organisation, says China has done a great job of opening its economy, but more work needs to be done. Photo: Xinhua
Pascal Lamy, the former head of the World Trade Organisation, says China has done a great job of opening its economy, but more work needs to be done. Photo: Xinhua

China must shrink state-owned enterprises if it wants reforms to succeed, says former WTO chief

But view is disputed by China’s lead manager of state-owned enterprises, who says that they remain the core of “our economy and they need to become bigger and stronger”

Pascal Lamy, the former head of the World Trade Organisation, says China has done a great job of opening its economy, but more work needs to be done. Photo: Xinhua
Pascal Lamy, the former head of the World Trade Organisation, says China has done a great job of opening its economy, but more work needs to be done. Photo: Xinhua
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