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”

Topic |   World Trade Organisation (WTO)

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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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