China may be the world’s biggest investor, but it is also a country of big thinkers.
The country has built a vast network of private banks, venture capital firms and state-owned enterprises (SOEs) that have transformed the way business is done around the globe.
As China’s economy has grown in recent years, the country’s SOEs have become a key engine of growth and innovation.
So what are they doing with all this cash?
WSJ’s Mark Hosenball and Eric Li discuss.