CHINA: China: Foreign capital controls three-quarters of industry

Submitted by Green Left Weekly on Mon, 21/05/2007 - 14:00

As of 2004, foreign capital controlled 76.6% of Chinese industry, a study produced by academics from Beijing’s Communication University has found. The findings of the report, which was released in March, are consistent with a November 2006 report by the Development Research Centre of the State Council, China’s cabinet.

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