Abstract
This article explores the development of statist transnational capitalism in China by examining the economic activity of large state-owned economic units in energy, finance and manufacturing and their relationship to other transnational capitalists through links in foreign direct investment, joint ventures and stock investments. It also analyses the divisions within China between the neoliberal export sector and the neo-Keynesian transnational fraction that advocates higher wages and more internal consumption, and how this links to other fractions of the transnational capitalist class globally.
Keywords
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