Perhaps "state managed" would be a better descriptor for Chinese private companies, since now they have personnel belonging to the CCP serving in management or board positions.
Being a successful politician in China may allow you to control large companies. Being a successful businessman in US may allow you to control political parties. I guess the endgame is the same for powerful people in both countries.
xep@kbin.social 3 weeks ago
Perhaps "state managed" would be a better descriptor for Chinese private companies, since now they have personnel belonging to the CCP serving in management or board positions.
redcalcium@lemmy.institute 3 weeks ago
Being a successful politician in China may allow you to control large companies. Being a successful businessman in US may allow you to control political parties. I guess the endgame is the same for powerful people in both countries.