Which of the following statements about the current status of state-owned enterprises in China is NOT true?
A) Although they are vastly outnumbered by private enterprises, they still dominate critical sectors of the economy.
B) They are universally inefficient.
C) They have never needed bailouts by the country's banks.
D) They are not required to respond to market forces.
E) They account for less than half of the country's GDP.
Correct Answer:
Verified
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