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State Capitalism

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发表于 11-16-2010 13:30:09 | 只看该作者 回帖奖励 |倒序浏览 |阅读模式
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Jason Dean, Andrew Browne and Shai Oster, China's 'State Capitalism' Sparks
a Global Backlash. Wall Street Journal, Nov. 16, 2010.
http://online.wsj.com/article/SB10001424052748703514904575602731006315198.html

My comment:
(a) The translation:

中国“国家资本主义”引西方侧目. 华尔街日报, Nov. 16, 2010.
http://cn.wsj.com/gb/20101116/ecb135717.asp?source=whatnews2

(b) Taiwan believes in little intervention. It simply rubs against our
grains for a government to anoit a winner. For high-tech start-ups, Taiwan
will grant a few years' worth of tax break and possibly seed money; that is
all. Sink or swim, that depends on the entrepreneurs. Paul Krugman's
textbook on international trade also points out that government bureaucracy
is bad at choosing which competitive technology to support. Think Blue-tooth
and its rival.


----------------------Separately
(1) Jeffrey Sparshott, China Is US's 'Central Challenge,' Summers Says. Wall
Street Journal, Nov. 16, 2010.
http://online.wsj.com/article/SB10001424052748703326204575617290366290132.html



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