Chinese public firms are controlled by state-owned or state-controlled shareholders.

Name: Chinese public firms are controlled by state-owned or state-controlled shareholders.
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Question

Quizplus · Accepted Answer

According to a report by the US-China Economic and Security Review Commission, Chinese public firms are indeed controlled by state-owned or state-controlled shareholders. This is due to the state's influence in nominating board members and senior management, as well as having a significant ownership stake in these companies.

Chinese Public Firms Are Controlled by State-Owned or State-Controlled Shareholders