AFNN·2 hours ago·Thursday, November 12, 2026, 5:30 AM

ChiCom Carrots and Sticks Capture Multinational Corporations

A corporate capture risk assessment with Chinese characteristics Beijing does not need to nationalize a foreign firm to make it useful. It only has to condition continued access to its market, manufacturing base, or capital on cooperation, then let ordinary corporate incentives finish the job. A multinational board need not answer to the Party to act as if it does.

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