Ministers of CPTPP member countries pose for a group photo on May 16, 2019, in Santiago, Chile. CPTPP members Vietnam and Malaysia also have large SOE sectors, as do several EU states. Photo: AP
Ministers of CPTPP member countries pose for a group photo on May 16, 2019, in Santiago, Chile. CPTPP members Vietnam and Malaysia also have large SOE sectors, as do several EU states. Photo: AP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

State vs market capitalism: expect a titanic clash as China seeks CPTPP membership

  • China’s SOEs are in the centre of debate, amid US and EU concerns and a desire to update global trade rules
  • But China is not the only SOE-dominated economy. Those picking a fight may find themselves outflanked

Ministers of CPTPP member countries pose for a group photo on May 16, 2019, in Santiago, Chile. CPTPP members Vietnam and Malaysia also have large SOE sectors, as do several EU states. Photo: AP
Ministers of CPTPP member countries pose for a group photo on May 16, 2019, in Santiago, Chile. CPTPP members Vietnam and Malaysia also have large SOE sectors, as do several EU states. Photo: AP
READ FULL ARTICLE