[Marxism] China's public sector

Louis R Godena louisgodena at ids.net
Fri Oct 14 13:59:47 MDT 2005


Make that 750 *million* workers.

----- Original Message ----- 
From: "Louis R Godena" <louisgodena at ids.net>
To: "Activists and scholars in Marxist tradition" 
<marxism at lists.econ.utah.edu>
Sent: Friday, October 14, 2005 3:35 PM
Subject: Re: [Marxism] China's public sector

> According to Forbes 
> http://www.forbes.com/business/2004/11/04/cx_1104mckinseychina6.html, 
> State-Owned Enterprises employed about half of China's 750 workers in 
> 2004. The figure is probably higher due to the opaque nature of China's 
> business laws.   This was underscored this past summer during CNOOC's bid 
> for UNOCAL when it was discovered that the former, an ostensibly "private" 
> concern, was actually 60% owned by a state holding company.   "Ownership" 
> in China, period, is a pretty dicey affair.
> Louis Godena
> From: "Prem K Govindaswamy" <govi0006 at umn.edu>
> To: <marxism at lists.econ.utah.edu>
> Sent: Friday, October 14, 2005 2:24 PM
> Subject: [Marxism] China's public sector
>>I have a question on China. What percentage of China's workers (every
>> worker who creates wealth included) workers for a publicly owned 
>> industry,
>> buisiness, corporation, banks, etc...
> ________________________________________________
> YOU MUST clip all extraneous text before replying to a message.
> Send list submissions to: Marxism at lists.econ.utah.edu
> Set your options at: http://lists.econ.utah.edu/mailman/listinfo/marxism

More information about the Marxism mailing list