Reform of Chinese State-Owned Enterprises: What China Can Learn from the Practice of Competitive Neutrality Policy in Australia - Couverture souple

Bai, Xue

Couverture souple

ISBN 10 : 1954750137 ISBN 13 : 9781954750135

Editeur : Institute of Competition Law, 2023

Synopsis

In her thesis, Xue Bai realizes an in-depth study examining the challenges China faces in its endeavor to maintain a level playing field when state-owned enterprises (SOEs) actively compete in the market. The study examines various rounds of SOE reform in China and highlights the nature of SOEs and their close linkages with their government owners and the Chinese Communist Party (CCP). This book observes that the market presence of Chinese SOEs has increased after several rounds of reform and argues that now is a good time for China to reconsider just how level the playing field is between SOEs and non-SOEs. It is important because, in the absence of a competitively neutral environment, SOEs can reduce allocative efficiency by relying on their government ownership-generated advantages to take business from more efficient firms in the market. The comparative study in Australia shows that the presence of SOEs in the market does not necessarily cause competitive neutrality concerns if the anti-competitive conduct of SOEs is successfully scrutinised by the competition law and there are competitive neutrality rules in place to maintain a level playing field between SOEs and non-SOEs in the market. This book, therefore, investigates the effectiveness of China’s current competition law and policy framework in ensuring a fair playing field, especially with a substantial number of SOEs active in the competitive market. The author demonstrates while the existing competition legislation in China (the Anti-Monopoly Law) has been applied to Chinese SOEs, competition enforcement faces additional challenges when dealing with SOEs. China currently does not have specific instruments in place to preserve a level playing field between SOEs and non-SOEs. While policy instructions, like the Fair Competition Review System (FCRS), can address regulatory concerns of SOEs to some extent, the author argues that more needs to be done to address the lack of a level playing field between SOEs and non-SOEs in China. The book provides general policy recommendations on how to implement a competitive neutrality policy in China that takes into account its unique economic and political structure. This book is an essential reading for scholars and practitioners of competition law and policy in China, as well as those interested in these issues internationally. This comprehensive study offers valuable insights into how China can promote fair competition between SOEs and private enterprises, thereby fostering long-term economic efficiency and social development.

A propos du livre

À propos de l'auteur

Dr Xue (Sophia) BAI is a Postdoctoral Fellow at China International Business & Economic Law (CIBEL) Centre, Faculty of Law and Justice, University of New South Wales. Her research explores different government restraints on competition, with a particular focus on how state-owned enterprises (SOEs) interact with competition law and policy. Other research areas include the interaction between sustainability and competition law, the application of competition law in the digital market, competitive neutrality policy, and competition impact assessment. She has published widely in the field, including ‘Competitive Neutrality: OECD Recommendations and the Australian Experience’ (2023) 19(2) Journal of Competition Law & Economics with Rhonda L Smith and Deborah Healey and ‘Building A Market Economy Through WTO-Inspired Reform of State-Owned Enterprises in China’ (2019) 68(4) International and Comparative Law Quarterly, with Weihuan Zhou and Henry Gao and few peer-review journal articles.

Détails de l'édition

• Éditeur: Institute of Competition Law
• Date d'édition: 2023
• Langue: anglais
• ISBN 10: 1954750137
• ISBN 13: 9781954750135
• Reliure: Broché
• Nombre de pages: 312
• Coordonnées du fabricant: non disponible
• Personne responsable: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Allemagne