Inhaltsangabe: Abstract: The importance of the World Trade Organisation
(WTO) for international free trade today has enticed China to join the
WTO in December 2001. The significance of WTO membership for China
cannot be underestimated, inevitably speeding up much-needed economic
reform in the country. The gradual transition from a planned- to a
market-economy is expected to continue in the future. The severity of
the impacts for the economy will depend on how successful China is in
providing policies that will assist the nation in the major adjustment
problems that it faces in the future. The expected, actual, and needed
implications for China's state-owned enterprises (SOEs) resulting from
WTO membership will be investigated in detail; in the process, the
significance of SOEs to the Chinese economy will be highlighted. SOEs
are mostly ill- prepared for a post-WTO China, and the dismal state of
these companies has already led to the decline of market share in the
past decade. For the future, the retreat of the state is likely to
continue. The main implications for SOEs from China's WTO membership are
seen in the areas of competitiveness, corporate governance,
privatisation, mergers and acquisitions, property rights, unemployment,
and attracting and retaining qualified personnel. This dissertation
offers one of the first detailed insights into the challenges facing
China's SOEs today and the implications of China's WTO membership for
these companies, while also highlighting the areas that require future
attention. The understanding of the role and meaning of SOEs for the
Chinese economy is of immense importance for foreign investors wanting
to invest in the country, already cooperating with China's SOEs, or
looking into the possibility of such. Inhaltsverzeichnis: Table of
Contents: I.Table of Contents II.LIST OF TABLESIV III.LIST OF FIGURESV
IV.GLOSSARYVI 1.INTRODUCTION1 1.1AIM &OBJECTIVES2 1.2OVERALL RESEARCH
APPROACH3 1.3STRUCTURE OF THE DISSERTATION3