The Chinese Communist Party wants an even BIGGER role in the “private” economy
So even cronier capitalism?
(From Bloomberg)
While it’s unclear what the new policy will mean for China’s millions of “private” firms, it comes as the state and party are pushing for greater control and influence over more of the economy. That increasingly unclear dividing line between public and private sector is one of the factors behind rising tensions with the U.S. and other states, with ostensibly private firms such as Huawei Technologies Co. seen overseas as tools of Chinese state power.
This article was originally posted here: https://www.ac2news.com/2020/09/the-chinese-communist-party-wants-an-even-bigger-role-in-the-private-economy/.
