Sharp insight on CCP drivers for tech giant antitrust probes. Gels well with Jude Blanchett’s recent CLM piece on SOE ‘reforms’. It’s now clear SOE policies decreed in 2015 separating asset and capital management was about investment control rather than removing the Party from day-to-day operations per se. The more consequential development was that these policies granted greater capacity to channel SOE revenues towards strategically important sectors / firms. Seems this is now spilling over into the private sector. Tencent’s Guizhou data centres have been insufficient to please the Party.
Hyperbolic is spot on. I wouldn’t take anything Sharri Markson writes seriously. She’s a rank amateur on foreign affairs and is treated as such in Australia.
Sharp insight on CCP drivers for tech giant antitrust probes. Gels well with Jude Blanchett’s recent CLM piece on SOE ‘reforms’. It’s now clear SOE policies decreed in 2015 separating asset and capital management was about investment control rather than removing the Party from day-to-day operations per se. The more consequential development was that these policies granted greater capacity to channel SOE revenues towards strategically important sectors / firms. Seems this is now spilling over into the private sector. Tencent’s Guizhou data centres have been insufficient to please the Party.
Hyperbolic is spot on. I wouldn’t take anything Sharri Markson writes seriously. She’s a rank amateur on foreign affairs and is treated as such in Australia.