The rise of state capitalism | The Economist
OVER the past 15 years striking corporate headquarters have transformed
the great cities of the emerging world. China Central Television's
building resembles a giant alien marching across Beijing's skyline; the
88-storey Petronas Towers, home to Malaysia's oil company, soar above
Kuala Lumpur; the gleaming office of VTB, a banking powerhouse, sits at
the heart of Moscow's new financial district. These are all monuments to
the rise of a new kind of hybrid corporation, backed by the state but
behaving like a private-sector multinational.
OVER the past 15 years striking corporate headquarters have transformed
the great cities of the emerging world. China Central Television's
building resembles a giant alien marching across Beijing's skyline; the
88-storey Petronas Towers, home to Malaysia's oil company, soar above
Kuala Lumpur; the gleaming office of VTB, a banking powerhouse, sits at
the heart of Moscow's new financial district. These are all monuments to
the rise of a new kind of hybrid corporation, backed by the state but
behaving like a private-sector multinational.
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean.
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