2023-01-13
“Capitalism with Chinese characteristics.” China moves to take ‘golden shares’ in Alibaba and Tencent units https://www.ft.com/...
Financial Times
Sources: the Cyberspace Administration of China acquired a 1% stake, or “golden shares”, in an Alibaba subsidiary, and plans to do the same for a Tencent unit
Beijing changes tack in its efforts to secure a firmer grip on the country's tech giants