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If Ant is 'essentially' state owned, whereas its action reflects the will of the state, then its action need not to be controlled through government regulation
by beaunative 6y ago
If Ant is 'essentially' state owned, whereas its action reflects the will of the state, then its action need not to be controlled through government regulation or Chinese SEC.
Ownership is much more powerful in an enterprise than outside government regulations in any cases.
- cscurmudgeon 6y ago> If Ant is 'essentially' state owned, whereas its action reflects the will of the state, then its action need not to be controlled through government regulation or Chinese SEC. No. Not really. CCP is not a big uniform entity. There are different competing entities. Also, ownership is different from control. I am not sure how this simple fact is overlooked.
- beaunative 6y ago1. I'm not sure what is your point, I'm sure there are representatives/lobbyist speak for Ant financial in the government, and there are stakeholders of Ant that have political influence. 2. No one claimed ownership is the same as control, but so it happens most of the time in the business world ownership implies control. 3. Like you said, ownership is different from control. Ant is not state owned, literally.