Transforming Rural China: How Local Institutions Shape Property Rights in China

1st Edition

Chih-Jou Jay Chen

Routledge
Published October 1, 2012
Reference - 232 Pages - 12 B/W Illustrations
ISBN 9780415654623 - CAT# Y144093
Series: Routledge Studies on China in Transition

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Summary

It is often assumed that privatization leads to profit, and that well-delineated property rights and a strong private sector will help boost an economy. This book investigates the property rights in Chinese enterprises in the reform era, finding that distinction between the public and the private are blurred, that national reform policies are implemented unevenly across the country, and that enterprises owned by local governments, in Shanghai, for example, are actually extremely profitable.

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