Some Chinese car companies are State-owned, usually

by provincial governments, but the car business in China is very highly competitive and foreign brands are very successful.

In any case, the continuing growth of an already large private sec

tor should alleviate foreign concerns about competing with State-owned companies.

During the George W. Bush administration, the US imposed tarif

fs on Chinese steel, arguing that State-owned companies had an unfair advantage. But, US st

eel companies also face higher costs because of increased environmental protection. China’s current emphasis on buil

ding an “ecological civilization” means that that kind of polluting heavy industry will be less viable.

China has also recently announced a strengthened regime of intelle

ctual property rights protection. Again, this is what foreign negotiators are seeking, but al

so is important for China’s own economy as it transitions to being a technology leader.

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