Andrei Savu

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Ask a question like “who controls the Bank of China?” This should be a simple question to answer. Bank of China is, after all, publicly traded. It is certainly run like a banking corporation. And we know who the managers and shareholders are. However, it turns out the CEO does not really report to the shareholders and is not actually appointed by them. He is chosen by the Organization Department of the Communist Party, which technically owns nothing.
The One Hour China Book (2017 Edition): Two Peking University Professors Explain All of China Business in Six Short Stories
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