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China Facts: Non-state companies becoming more linked to the Party

 

 

For much of the past three decades, private Chinese firms have flourished. Today they account for about 80% of industrial output, 90% of exports and nearly all new jobs created. Lately a new trend seems to emerge as 22 listed non-state firms have sold large stakes to SOE investors apparently with the aim to put more Party members in high positions. *)  

 

*) The Economist 6th October 2018

 

 

 

 

 

 

 

 

 

 

 

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Hans Henrik Pontoppidan
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