Testimony of Tamar Groswald Ozery on Corporate Ownership and Control under China's Party-state system, before the U.S.-China Economic and Security Review Commission, Hearing on “U.S. Investment in China’s Capital Markets and Military-Industrial Complex”

Research output: Other contribution

Abstract

This Written Statement presents aspects in China's corporate governance framework, state corporate ownership and control, and the Chinese Communist Party's roles in corporate governance.

It was submitted as part of a testimony before the U.S.-China Economic and Security Review Commission, Hearing on “U.S. Investment in China’s Capital Markets and Military-Industrial Complex”.

The statement presents my responses and views to questions raised by the Commission on the following subjects:

- China’s government use of its shareholding capacity (Q1);
- Rights afforded to the state as a shareholder vs. rights afforded to public shareholders (Q2);
- Recent changes in China's corporate governance landscape (Q3);
- The roles of the Chinese Communist Party (CCP) Committee in firms (Q4);
- Assessment of recent U.S. restrictions on certain investments in China's capital markets (Q5);
- Policy recommendations (Q6)
Original languageAmerican English
StatePublished - 24 Mar 2021

Keywords

  • U.S.-China
  • capital market
  • contemporary China
  • corporate governance
  • economic development
  • economic integration
  • investments
  • political economy
  • state capitalism
  • state ownership

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