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by hamburgerwah 1787 days ago
There seems to be a lot of misunderstanding in this thread that there can be chinese companies that are somehow separate from the government. All chinese companies are defacto part of the government. The CEO of all chinese enterprises is Xi Jinping.
4 comments

No idea why you’re being downvoted. This is 100% correct, China requires party members to be on the boards of companies and Xi is the head of the party.
Only some companies… logically assess what you are saying: for all business, government has board representation!? How would that scale? Where would the government get that kind is workforce?
How does it scale?

Membership (2021) 95,148,000

https://en.wikipedia.org/wiki/Chinese_Communist_Party

Seems to scale pretty well.

They are communist party members. Not Board members of businesses... That number includes anyone from a high school kids to Taxi Drivers.

Are you suggesting that High school kids and taxi drivers would be effective board members?

I am not suggesting but saying that the CCP has a pool of members to tap into and is able to force companies to make them members of their board. Junior members will grow older, can be board member of small companies in the countryside in the beginning, then evolve as they grow. Older members can be board members of 10+ Big companies.
There are 26 million (official) companies in china. Just to orchestrate such a thing would require an entire department/ministry... could you point out which part of the chinese government apparatus that is?

This is just the normal Chinese gov control everything narrative that people who've basically not spent a lot of time in china tell themselves for whatever reasons.

CCP preserves CCPs power. That's its main focus, it controls what it needs to, to do that. Which it achieves by controlling just the top tier business like 10-20 of them. The other 25,999,980 businesses would likely never hear anything from the CCP in any meaningful way.

This is not dissimilar to how government has fairly significant influence over Amazon/Apple/Facebook etc in the US.

Note: I'm not defending CCP here, they do stupid/bad stuff but controlling every single business is not one of them.

Not saying its true but this is the reason a lot of people suspect the same thing is happening in the US under the guise of diversity organizations that suddenly started popping up in most major corporations over the last few years.
Citizens as well as the party must always come first.
it remind me of this news from years ago:

China’s Millionaires Visit Communist Revolution Sanctuary Clad in Military Uniforms of the Era

https://japan-forward.com/chinas-millionaires-visit-communis...

But they aren’t. Most companies have no direct influence from the government (outside of regulation). Just the big ones… which is pretty similar to the US.