What’s missing here is the requirement for state officials to have a governing role in private enterprises. So even the 50% private enterprises, large ones anyway, still have at least one state agent that is privy to the inner workings of the company and have some level of influence and decision making power.
What’s missing here is the requirement for state officials to have a governing role in private enterprises. So even the 50% private enterprises, large ones anyway, still have at least one state agent that is privy to the inner workings of the company and have some level of influence and decision making power.
Do you have a source for this?
https://www.cna.org/our-media/indepth/2024/09/fused-together-the-chinese-communist-party-moves-inside-chinas-private-sector
https://www.reuters.com/article/business/china-to-send-state-officials-to-100-private-firms-including-alibaba-idUSKBN1W8155/
https://eastasiaforum.org/2023/08/11/ccp-branches-out-into-private-businesses/
It’s reported on in the West gleefully as “evil commies doing evil commies things”
Not exactly what you’re asking for, but https://en.wikipedia.org/wiki/Golden_share#People’s_Republic_of_China