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Fire Sale: Prospects for SOE Privatization in China
How much revenue could a hypothetical sale of China's state-owned assets yield?
Associate Director
Matthew Mingey is an Associate Director with Rhodium Group, focusing on China’s economic diplomacy and outward investment, including development finance.
ChinaMatthew is based in Washington, DC. Previously, he worked on global governance issues at the World Bank. Matthew received a Master’s degree in Global Business and Finance from Georgetown University’s Walsh School of Foreign Service and a Bachelor’s degree from the University of Pennsylvania.
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How much revenue could a hypothetical sale of China's state-owned assets yield?
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By our estimates, China’s GDP growth in 2024 improved modestly to around 2.4% to 2.8%, well below target. If it stimulates domestic demand with some urgency and ramps up debt, we think China could get to 3-4.5% growth in 2025.
Report
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Report
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