Market Transtition: Strategy & Process Flashcards

1
Q

What happened in 1998?

A

Reforms in the wake of the Asian financial crisis

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2
Q

What reforms occurred in 1998?

A

Restructuring of thousands of state-owned enterprises through amalgamations and bankruptcies

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3
Q

What happened in 2001?

A

China joins WTO

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4
Q

How large was the stimulus package following the 2008 crisis?

A

$586 bn

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5
Q

What were the first objectives of Xi Jinping in 2013?

A

-Increase Efficiency
-Eradicate corruption

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