Search For "golden share"
China: Govt buying stakes in tech firms to increase its influence
Updated : 4 years, 2 months ago IST
Beijing [China], March 26 (ANI): As part of the broader strategy of the Chinese Communist Party (CCP) to increase State ownership of private companies and to strengthen the Party's influence, the State-backed firms and regulators are obtaining stakes and representation on the board in techno
Read More
Chinese Communist Party obtaining 'golden share' in pvt companies to incre
Updated : 4 years, 2 months ago IST
Beijing [China], March 25 (ANI): In order to increase its influence in the private sector, the Chinese Communist Party have been obtaining a "golden share" in private companies, especially internet/technology firms holding large amounts of data and operating critical information infrastructu
Read More