While Washington and Brussels complain about the unfair advantages enjoyed by Chinese state-owned enterprises (SOEs), Beijing insists that a powerful state sector is vital for China’s economy, but claims that it does not preclude economic fair play. Photo: Xinhua

China reaffirms commitment to state-led economy despite US pressure, after top Beijing policy meeting

  • Beijing reaffirms ‘public ownership’ is fundamental to China’s economic system in statements following fourth plenum this week
  • Top economic official promises to provide level playing field to all, including international firms, despite concerns over uneasy marriage of the two
Topic |   China economy

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While Washington and Brussels complain about the unfair advantages enjoyed by Chinese state-owned enterprises (SOEs), Beijing insists that a powerful state sector is vital for China’s economy, but claims that it does not preclude economic fair play. Photo: Xinhua
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Carla Hills, former US trade representative under President George H.W. Bush, called on China to make sweeping economic reforms. Photo: Handout

China’s slowing economy offers ‘magic moment’ to accept US trade war demands, says ex-US trade chief

  • Carla Hills, USTR under George H.W. Bush, urges China to take long-term gamble on economic reform, despite short-term pain of industrial job losses
  • Other US and European trade figures advise China and the United States to make a deal of substance to avoid ‘very worrying’ trend towards economic decoupling
Topic |   US-China trade war

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Carla Hills, former US trade representative under President George H.W. Bush, called on China to make sweeping economic reforms. Photo: Handout
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