Market Transtition: Strategy & Process Flashcards
1
Q
What happened in 1998?
A
Reforms in the wake of the Asian financial crisis
2
Q
What reforms occurred in 1998?
A
Restructuring of thousands of state-owned enterprises through amalgamations and bankruptcies
3
Q
What happened in 2001?
A
China joins WTO
4
Q
How large was the stimulus package following the 2008 crisis?
A
$586 bn
5
Q
What were the first objectives of Xi Jinping in 2013?
A
-Increase Efficiency
-Eradicate corruption