Question

Which of the following is true with regard to the SOEs (State-Owned Enterprises)?

a) The labor policies of the SOEs were in conflict with the socialist economic system.

b) Since the late 1970s, SOE reform has been systematically ignored by the Chinese leaders.

c) In addition to production, SOEs provided virtually all the major social services required by employees, their families, and retirees.

d) Subsidies provided to SOEs increased steadily from 1989 to 1996.

Answer

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