China’s massive support for state-owned enterprises (SOEs) has been a central complaint lodged by the United States since the start of the trade war. Photo: Xinhua

China must rein in SOEs to gain upper hand in tech war, help private firms like Huawei to innovate

  • Beijing’s unwavering support for its state-owned enterprises (SOEs) has been a central complaint lodged by the United States since the start of the trade war
  • One academic claims the US fears Huawei, the privately owned telecommunications giant, more than China’s Dongfeng ballistic missile
Topic |   China economy

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China’s massive support for state-owned enterprises (SOEs) has been a central complaint lodged by the United States since the start of the trade war. Photo: Xinhua
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.