China is overhauling its company law

Quick Summary:

The new rules are creating yet another headache for Chinese companies grappling with overcapacity and a slowing domestic economy.

For their part, China’s leaders are betting that the new law will make business in the country less volatile—and easier for the Communist Party to control.

Published since September 1843 to take part in “a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress.

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Article Details

Category: EconomyFinance

Markets: United StatesChina

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 13:25:33 (1 days ago)

News Timezone: GMT -5:00

News Source URL: economist.com

Language: English

Article Length: 126 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Economist

News ID: 21994234

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About The Economist

Main Topics: EconomyFinance

Official Website: economist.com

Year Established: 1843

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #36

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