Government tightening control - again

Includes: CHA, CHL, CHU, CN-OLD
by: Ezra Marbach

In an apparent step backward from Western-style capitalist reforms,
China has ordered a more active role for Communist Party officials in
managing state-controlled companies. You may remember a similar move last year when the government ordered top executives at three major telecom
operators, China Mobile, China Unicom, and China
Telecom to swap jobs. More here.