China Puts Elites on Notice as Critical Party Congress Begins

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Publish Date:
March 4, 2023
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Source:
Bloomberg
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Summary

Government entities are taking such so-called golden shares in Alibaba Group Holding Ltd. and Tencent Holdings Ltd., records showed in January.

But what’s different from other big economies with significant state sectors is “the ideological component,” Curtis Milhaupt, a Stanford Law School corporate-governance specialist, said in a webinar last month.

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