CHINA-ECONOMY: DESPITE ATTEMPTS AT REFORM CHINA'S SOES ARE EXPANDING

Writing in the Japan Times (May 11), Brad Glosserman, Deputy Director of and Visiting Professor at the Center for Rule-Making Strategies at Tama University as well as Senior Advisor (nonresident) at Pacific Forum, commented on reform of  China's State-owned Enterprises (SOEs) and said that rather than being pruned, they are expanding. Citing one report, he said the average size of the largest 100 conglomerates in China increased from 500 companies to more than 15,000 between 1995 and 2015. He added that their executives, directors and managers are often appointed by the Party and these organizations are often viewed as extensions of the government. In many cases, top executives are Party officials.





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