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Foreign firms wary of growing role of party in their operations

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.

Many executives had long seen the measure as symbolic.

But as President Xi Jinping's efforts to strengthen the party's role throughout society have reached the local operations of foreign companies, some executives told Reuters earlier this year that they were concerned about the resulting...

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