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People's Daily Online>>Opinion

China's state-owned firms not synonym of 'non-market' entity

By Zhong Sheng (People's Daily)

16:59, April 11, 2012

Edited and translated by People's Daily Online

Recently, some countries have raised a tide of trying to resist products made in China.

The Alliance for American Manufacturing, taking Chinese enterprises' participation in the construction of the San Francisco-Oakland Bay Bridge as an excuse, is requiring the U.S. Congress to make a law to strengthen "purchasing products made in the United States."

Australia believes that the Huawei Technologies Company is connected with the Chinese government and therefore has refused it to participate in the bidding for constructing the National Broadband Network of Australia.

Not long ago, the U.S. China Economic and Security Review Commission also held a public hearing on Chinese enterprises and state-owned holding enterprises, which took "how the United States should make corresponding laws to deal with the pressure brought by Chinese enterprises to the United States" as the theme.

All these events reflect a new character of some Western countries' measures of dealing with trade frictions with China: Western countries are more and more targeting Chinese enterprises while protecting their own interests.

But China is not the only country with state-owned enterprises.

According to statistics, more than 70 percent of the world's fossil oil resources are controlled by state-owned enterprises of various countries.

It is obviously not reasonable to refuse Chinese enterprises in the name of the so-called "non-market."

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Leave your comment2 comments

  1. Name

Canada at 2012-04-1270.36.49.*
It"s irrelevant whether they are SOE or private companies, the U.S. has a policy of Buy American, especially as this is an election year and Obama is trying to court the blue collar vote. The U.S. wants unrestricted access to other countries markets, but tries to restrict access to its own. Obama could seriously reduce unemployment if the States and the federal government restricted overtime to 2-4 hours per week, or eliminated it altogether.
Todd at 2012-04-11108.12.102.*
Yes, it"s global integration. I"m against it. Countries will lose their sovereignty over this. A country won"t be able to economically support its own people because it has to let foreign competition in. How stupid!

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