this post was submitted on 29 Apr 2024
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[–] [email protected] 12 points 6 months ago* (last edited 6 months ago) (1 children)

Perhaps "state managed" would be a better descriptor for Chinese private companies, since some now have personnel belonging to the CCP serving in management or board positions.

[–] [email protected] 6 points 6 months 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.