Comment by torginus
11 hours ago
The current Chinese model's basically you have fully publicly traded companies, companies who are either minority or majority owned by a certain provincial government and ones who are either minority or majority owned by the central government (although this is surprisingly rare outside of key areas like telco/banking)
Something like 60% of the top of 100 companies in China are entirely state-owned. Most of the rest are government stake
key industries are all controlled by the govn't