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Fire Sale: Prospects for SOE Privatization in China
How much revenue could a hypothetical sale of China's state-owned assets yield?
Daniel H. Rosen
Partner
Daniel H. Rosen is the co-founder of Rhodium Group and leads the firm’s work on China.
ChinaMr. Rosen has worked professionally on China’s domestic economy and global commercial relations since 1992. He is widely recognized for his research on US-China relations and Asian commercial dynamics. He is affiliated with numerous think tanks focused on international economics and is an Adjunct Associate Professor at Columbia University.
From 2000-2001, Mr. Rosen was Senior Adviser for International Economic Policy at the White House National Economic Council and National Security Council. He is a member of the Council on Foreign Relations and the National Committee on US-China Relations.
A native of New York City, Daniel graduated with distinction from the graduate School of Foreign Service of Georgetown University (MSFS) and with honors in Asian Studies and Economics from the University of Texas, Austin (BA).
Research by Daniel H. Rosen
Report
Was Made in China 2025 Successful?
To answer whether MIC25 was successful, we measure outcomes across four of the plan's main categories: China’s import dependency, dependency on foreign companies, global competitiveness, and technological leadership.
Report
Far From Normal: An Augmented Assessment of China’s State Support
Compared to other countries, China’s approach to industrial policy has been characterized by broader and more entrenched market distortions, deeply systemic rather than targeted, and with a far greater distortive effect on global trade.
Note
After the Fall: China’s Economy in 2025
By our estimates, China’s GDP growth in 2024 improved modestly to around 2.4% to 2.8%, well below target. If it stimulates domestic demand with some urgency and ramps up debt, we think China could get to 3-4.5% growth in 2025.