China's government is buying Alibaba and Tencent shares that give the Communist Party special rights over certain business decisions, report says
news.yahoo.com
The stakes usually involve a 1% holding and are known as "special management shares," according to the Financial Times.
  • ☆ Yσɠƚԋσʂ ☆OP
    25•1 year ago

    I don’t think China gives a shit what US thinks at this point. Their primary concern is to ensure that these megacorps are kept on a tight leash.