[Michael Schuman] Can Communists be good capitalists?

Published: 12/10/2017
[Michael Schuman] Can Communists be good capitalists?
Source: WWW.KOREAHERALD.COM

As it heads into a major leadership transition, China is attempting a strange breed of corporate reform. Rather than privatizing state-owned enterprises outright, the government is testing whether selling minority stakes to private investors may improve their performance. Meanwhile, state companies are busy revising their governing laws to give the Communist Party more control over management. The

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