From the Readers

SOEs need competition

(China Daily)
Updated: 2010-05-05 08:31
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Comment on "Market of 1 billion becomes reality" (China Daily, April 26)

China should be confident enough to open its market to foreign investors. Overprotecting State-owned enterprises (SOEs) is by no means the proper way for China to develop, because the spoiled children have to face the music.

Some SOEs, such as those in petrol and infrastructure construction, are urgently in need of competition, which can help them to improve quickly.

Tracy, on China Daily website

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(China Daily 05/05/2010 page9