Which of the following statements about state-owned enterprises in China is TRUE?

Question

Quizplus · Accepted Answer

State-owned enterprises in China do dominate critical sectors of the economy, such as energy, telecommunications, and banking. However, they are not universally inefficient, and some have been successful in recent years. They have also received bailouts from the country's banks in the past. While they may not be required to respond to market forces in the same way as private enterprises, there have been efforts to reform and modernize China's state-owned sector.

Which of the Following Statements About State-Owned Enterprises in China