Commentary Under Xi Jinping, the Chinese Communist Party (CCP) is increasing its control of the economy by establishing the Party units in state-owned enterprises, private companies, joint ventures, and foreign companies, both at home and abroad. Through the cybersecurity law, the Party is able to gain access to all data, even data held by foreign companies. And through the infiltration of the Party members, the Chinese regime is able to place loyal eyes, ears, and hands in companies and research institutions around the world. The 1993 Company Law required both foreign and domestic companies in China to establish CCP units. In the 2000s, former CCP leader Jiang Zemin called for the Party to represent the entrepreneurial class, who were once considered enemies of the people. More recently, CCP branches in private business have increased dramatically. Under Xi, it seems the country is moving to an old-style economic policy, where the …
Business Freedom Diminishes as the CCP Expands Its Role in Companies
August 26, 2021
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