Protester disrupts news conference by World Bank chief

The transcript discusses the presence of Mr. Roland, a director, and critiques a World Bank report, labeling it harmful to China's economy and people. It argues against the liberalization of banks like in the US, citing Wall Street as an example. The transcript also opposes the privatization of China's state-owned enterprises, suggesting it would eliminate competition for Western companies. It concludes by stating that Chinese enterprises are thriving without privatization.

According to the speaker, what impact does the privatization of Chinese enterprises have on Western companies?

What reasons does the speaker give for why Chinese enterprises do not need to privatize?