A think tank of top U.S. strategic and economic analysts presented research on Feb. 7 showing the method through which China’s government has expanded its influence over the nation’s companies.
A panel led by Center for Strategic and International Studies (CSIS) researchers Curtis Milhaupt and Lauren Yu-Hsin Lin discussed how the Chinese Communist Party (CCP) is methodically increasing control in the business sphere.
This has been achieved primarily through managerial incentives like communist party building, social credit, and special management shares.
“One of the both fascinating … frustrating, and perhaps even threatening aspects of Chinese corporate governance is there are actually two systems,” Milhaupt said during the CSIS live web conference….}