China's Communist Party gets more say in state-owned enterprises
Officials step up intervention in day-to-day operations but may conflict with market-oriented reforms
Sat, Jul 09, 2016 - 5:50 AM
MANAGEMENT CHANGES: A unit of China FAW Group Corp (above) has recently modified its bylaws to give the Communist Party more oversight of management decisions.
TAKING CHARGE: Mr Xi (above) has called for stronger and improved leadership of the Communist Party over state-owned enterprises.
CHINESE President Xi Jinping is putting more of the "state" in "state-owned enterprise" (SOE). Carmaker FAW Car Co, fibre producer Sinoma Science & Technology Co and miner Tibet Mineral Development Co have recently modified their bylaws to give Mr Xi's Communist Party more...