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William Pritting's avatar

China is absolutely a technocratic (fascist) dictatorship!

Xi Jinping’s grip on Chinese enterprise gets uncomfortably tight

Welcome to the era of party-state capitalism

https://www.economist.com/business/2023/11/26/xi-jinpings-grip-on-chinese-enterprise-gets-uncomfortably-tight

In 2013, the People's Republic of China introduced golden shares termed "special management shares". Since then, golden shares have been utilized by Chinese Communist Party (CCP) general secretary Xi Jinping's administration to expand control over private companies, particularly technology companies.

https://en.wikipedia.org/wiki/Golden_share

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