<div>It has been almost two years since the US has shifted its orientation back to Asia. Its foreign policy’s motive is clear: containing the rise of China. The Obama administration has initiated a number of strategies to reassure the stability of the Asia-Pacific region, for instance, stationing 2,500 marines in the northern part of Australia and pushing forward the Trans-Pacific Partnership to assert its influence in the region.</div> <div>&nbsp;</div> <div>Despite the return of the US in this region, China has designed a strategy to respond to its American counterpart. </div>

<p>On September 3, 2011, the Economist published an <a href="http://www.economist.com/node/21528262">article</a> which criticizes the role of the Chinese state in China&rsquo;s privatization.&nbsp; In essence, the article asserts that shareholdings by the Chinese government and its influence on corporate decision-making stymies the efficiency of private enterprises and has encouraged corruption among state officials. The Economist thus implicitly urges the Chinese state to refrain from exerting its influence on private enterprises, i.e. colossally privatize state enterprises.</p>