Zhaofeng Wang
Associate Professor of Economics, Nankai University, China

I would like to thank the participants at the Tel Aviv University and University of Southern California Back to the State? Government Investment in Corporations and Reregulation Conference held in June 2011 in Tel Aviv and, in particular, my discussant, Dr. Lea Paserman-Jozefov, for helpful comments. I especially thank Professor Ehud Kamar for reading closely earlier drafts of this Article and making suggestions. I also thank Professor Rende Zhang and Minnesota Representative Professor King Banaian for useful suggestions, and Fengcan Bao, Long Li, HsiuTsing Liang, Dr. Honghai Liu, Lin Qi, and Hongbo Yi for assistance in translating this Article into English.