The World is Paying OT for CCP

The World is Paying OT for CCP
US President Donald Trump addressesthe 72Annual UN General Anniversary in New York on Sept 19, 2017. Jewel Samad/AFP/Getty
Frank Tian Xie
Updated:

Ever since China opened its door to the West in the 1980’s, the ruling Chinese Communist Party (CCP) has been working hard to establish its cells or branches in all companies, state-owned, private, and joint-ventures. Recently, as the Party awaits its 19th Congress and maintains “stability” in society, their desire to exert control in the business sector becomes even stronger. Executives at the state-owned petrochemical giant Sinopec said lately that they are requiring all of their foreign business and joint venture partners to add to their bylaws clauses that would permit “works to establish and develop CCP organization” within the workforce of the company.

In the past, foreign executives were hoping such kind of requests from the Party were mostly format or symbolic, and would fade away as time passes. While, they are wrong now, as the Party becomes even more fervent in attempting to put their feet in the pool.

Frank Tian Xie
Frank Tian Xie
Author
Frank Tian Xie, Ph.D., is a John M. Olin Palmetto professor in business at the University of South Carolina Aiken, and a visiting scholar of the National Taiwan University.
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