Re:Jack Ma cedes control of Ant Group
by throwaway432334 on Saturday January 07, 2023 @09:33PM
(#34295413)
I studied at a Chinese university for a semester and as part of the program they put on seminars on things like the media, demographic issues, etc.
One of them was about the economic system and they explained that while small businesses (think street shops, small restaurants, etc) are hands-off as there's not much value in being hands on. Large businesses are at the state's control. They explained that you can see the party serving a similar role as the "board of directors."
One of them was about the economic system and they explained that while small businesses (think street shops, small restaurants, etc) are hands-off as there's not much value in being hands on. Large businesses are at the state's control. They explained that you can see the party serving a similar role as the "board of directors."