SUBSCRIBERS

Foreign firms wary of growing role of party in their operations

Published Thu, Oct 19, 2017 · 09:50 PM

Beijing

FOREIGN companies in China have welcomed the ruling Communist Party's move to set up cells in their firms, a senior official said on Thursday, although some executives have expressed concern about the party's growing role in their operations.

The presence of party units has long been a fact of doing business in China, where the law requires companies, including foreign firms, to set up a party organisation.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here