5min chapter

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China's Anti-Monopoly Moment

ChinaTalk

CHAPTER

What's the Difference Between Onership and Control in China?

There's no clear distinction between onership and control for chinese firms. The government has very little incentive to coordinate their activities. They don't have the ability to do that either, because of decades of market reform. But at the same time, in times of important policy needs, like health prices, you will see the Chinese government mobilize companies quickly.

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