Chinese employees are being given expanded say in how their companies function and decisions made. Capitalism NOT!
Postwar Germany has had a similar structure, but over the years the system has been gentrified and suborned by the managers and boards. Of course, it is part and parcel of communist-socialist economies. It has been true in China since liberation in 1949. Baba Beijing is now expanding the workers’ input into company decisions.
Below is a summary of the new law and after that is an even shorter look via a tweet. Great news for the Chinese people. It will undoubtedly make China even bigger, better, faster and cheaper.
Previous Post
Next Post