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The Role of Government in Industrialization

In: How China Works

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  • Xiaohuan Lan

    (Fudan University)

Abstract

At the beginning of 2019, I visited Taipei and met a local executive of an American company who exclaimed: “The economics on your mainland (China) is different from what I studied at Harvard Business School - markets, competition, supply and demand – your mainland companies receive government subsidiesgovernment subsidies and support, how can we be expected to win such competition? You cannot do that all the time, otherwise our companies will die!”

Suggested Citation

  • Xiaohuan Lan, 2024. "The Role of Government in Industrialization," Springer Books, in: How China Works, chapter 0, pages 123-174, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-0080-6_4
    DOI: 10.1007/978-981-97-0080-6_4
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