The Chinese Steel Industry

With China being the world’s largest producer and consumer of the steel industry, this book charts its development in the industry since the late 1980s.

Providing a systematic examination of this development, the book explores:

- the complex interplay of corporate governance reform

- industrial policy implementation

- competitiveness build-up of large state-owned enterprises in the steel sector.

Focusing in particular on the implications of government–business interaction for industrial policy enforcement, this book provides a powerful institutional explanation for both the failures and achievements of the Chinese state in constructing an internationally competitive industrial sector and transforming national champions into global ones. This is an important and valuable resource for those interested in the steel industry, China’s industrial policies and comparative political economy.