Over the past two decades, a renewed economic phenomenon has taken the global stage - state capitalism, in which sovereign countries pour huge resources into companies that come to dominate the fields they enter. It is particularly prevalent in Asia. Joshua Kurlantzick, a Senior Fellow at the Council on Foreign Relations, has written
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Over the past two decades, a renewed economic phenomenon has taken the global stage - state capitalism, in which sovereign countries pour huge resources into companies that come to dominate the fields they enter. It is particularly prevalent in Asia. Joshua Kurlantzick, a Senior Fellow at the Council on Foreign Relations, has written
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