China Reality Check: SOE Reform
The Freeman Chair in China Studies and the Energy and National Security Program cordially invite you to a China Reality Check Series Event: Chinese State-Owned Enterprise Reform: Domestic Challenges and Global Implications.
State-owned enterprises (SOEs) have been a feature of China's economy since the 1950s. While SOEs have been a constant and their structure and operation have continued to evolve, the changes have been driven more by political imperatives than any desire to improve enterprise financial performance. SOE reform is now back in the spotlight and seen as crucial to the success of economic restructuring. The presentation by Michael Komesaroff of Urandaline Investments will use the example of the nonferrous metals industry, and particularly China's aluminium sector, as a case study to provide the basis for proposing likely future restructuring of China's large and centrally-owned SOEs. Following the presentation, Huw McKay and Sarah Ladislaw will then assess the implications of SOE reform on trends in global commodity markets and the implementation of China's climate change commitments.