CompaniesChina's companies rewrite rules to declare Communist Party ties
More mainland-listed companies acknowledge 'Xi thought' in corporate constitutions
The closing ceremony of the 20th National Congress of the Communist Party of China, at the Great Hall of the People in Beijing on Oct. 22. (Photo by Yusuke Hinata)
KENJI KAWASE, Nikkei Asia chief business news correspondent
October 31, 2022 21:22 JST
HONG KONG -- China's Communist Party congress underlined fears that President Xi Jinping is extending his grip over business and the economy -- but Chinese companies were already starting to bow to Beijing's wishes by enshrining the role of the party in their businesses.