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Michael Pettis @michaelxpettis · Mar 8, 2023
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1/2 Good article on the increasingly blurred line between the state and private sectors in China. The important point to recognize, in my opinion, is that this was not the result of a "political" or "ideological" decision so much as it is... [link] via @WSJ

Article Mar 8, 2023
China’s New Way to Control Its Biggest Companies: Golden Shares
by Lingling Wei
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