The Chinese state is increasingly acquiring stakes in China’s private companies, enabling it to make sure they hew to the party agenda
Chinese state takes stakes known as golden shares, which are often small but give the government a board seat and power to ensure that corporate behavior hews to the party agendagreg baker/AFP/Getty ImagesIn its uneasy dance with China’s private sector, the Communist Party is moving away from a public battle with some of the country’s biggest companies. Instead, it is inching toward a quieter form of control.
At the center of the effort is a push by various levels of government to take stakes in the private companies that have long driven Chinese innovation and job creation.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Born-again AC Cobra gets subtle design tweaks, 654-hp supercharged V8 - AutoblogEngland-based AC Cars rebooted the emblematic Cobra with a subtly updated design and a Ford-sourced V8 supercharged to 654 horsepower.
Baca lebih lajut »
Cha Seo Won And Gongchan Exude A Subtle Romantic Atmosphere In “Unintentional Love Story”Cha Seo Won And Gongchan Exude A Subtle Romantic Atmosphere In “Unintentional Love Story”
Baca lebih lajut »
Top US high school collaborated with Chinese state military-affiliated institutionEXCLUSIVE — The top public school in the United States received hundreds of thousands of dollars from groups tied to China’s military.
Baca lebih lajut »
Elite US high school took more than $1M from Chinese state-tied groupsA Virginia public high school ranked among the best in America has raked in hundreds of thousands of dollars from entities linked to the Chinese state since 2014 as part of an ongoing fundraising c…
Baca lebih lajut »
Semafor partners with Chinese Communist Party-linked think tankSemafor, the five-month-old news startup, is drawing criticism in the U.S. for partnering with a think tank in China that is known to have close ties to the Chinese Communist Party.
Baca lebih lajut »