The new report examines state firms in the context of China’s economic and political system, summarizes the past and present of SOE corporate governance, and analyzes key players in China’s government and at the company level—boards of directors, Party committees, and top executives.

We find that US emissions under current policy are heading towards 12 to 20% below 2005 levels in 2025, a far cry from the US Paris commitment of a 26-28% reduction.

In the first half of 2018, Chinese companies completed acquisitions and greenfield investments worth only $1.8 billion – a drop of more than 90% from 1H 2017 and the lowest level in seven years.