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I'm really enjoying the Foreign Affairs Magazine. Here is a little something I have learned: Now that the world wide economy has been in a recession, we are starting to witness an increase of state intervention into economies. Governments are starting to take more control of private businesses by shaping the laws and actions that they are allowed to make; this is especially true in China. For many years China has moved closer to a free market but recently, China has taken a step back. President Hu has relentlessly advanced the state's role in the economy - by law these are the sectors that must remain under the state's control: power generation and distribution, telecommunications, armaments, aviation, shipping, machinery and automobile production, information technologies, construction, railroads, grain distribution and insurance. As an entrepreneur, state dominance is something that would be considered a risk when considering to open a business. Any opinions?
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