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Published on: 12. August 2025

SMEs: Why strong SMEs are a blessing and a curse

Workers producing Bluetooth headphones in a factory in Handan in Hebei province.
Small and medium-sized enterprises are indispensable to China's long-term success. The crucial question remains: Can Beijing manage the balancing act between state control and entrepreneurial freedom?

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Last updated: 12. August 2025
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