The first Qingdao Multinational Summit was jointly held by China’s Ministry of Commerce and the Shandong provincial government. Photo: Xinhua
The first Qingdao Multinational Summit was jointly held by China’s Ministry of Commerce and the Shandong provincial government. Photo: Xinhua

China’s SOE executives defend Beijing’s economic model from ‘targeted attacks’ by US, EU

  • Representatives from China’s state-owned enterprises hit back at criticism from overseas executives at a conference in Shandong over the weekend
  • Foreign executives say SOEs create an uneven play field for private and foreign competitors, and are against the spirit of the World Trade Organisation (WTO)

The first Qingdao Multinational Summit was jointly held by China’s Ministry of Commerce and the Shandong provincial government. Photo: Xinhua
The first Qingdao Multinational Summit was jointly held by China’s Ministry of Commerce and the Shandong provincial government. Photo: Xinhua
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