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Golden Share
In business and finance, a golden share is a type of share of stock that lets its owner outvote all other shareholders in certain circumstances. Golden shares often belong to the government when a government-owned company is undergoing the process of privatization and transformation into a stock-company. Purpose This share gives the government organization, or other shareholder, the right of decisive vote in a shareholder meeting. Usually this will be implemented through clauses in a company's articles of association, and will be designed to prevent stakebuilding above a certain percentage ownership level, or to give a government, or other shareholder, veto powers over any major corporate action, such as the sale of a major asset or subsidiary or of the company as a whole. In the context of government-owned golden shares, this share is often retained only for some defined period of time to allow a newly privatised company to become accustomed to operating in a public environmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from Sole proprietorship, sole proprietors and partnerships. Corporations are separate and unique Legal person, legal entities from their shareholde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ByteDance
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing, and incorporated in the Cayman Islands. Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok, Douyin. The company is also the developer of the news platform Toutiao, the video-editing app CapCut, and Lemon8 which is a video sharing mobile app. ByteDance has attracted regulatory and media attention in several countries over security, surveillance, and censorship concerns. History In 2009, software engineer and entrepreneur Zhang Yiming collaborated with his friend Liang Rubo to co-found 99fang.com, a real estate search engine. In early 2012, the pair rented an apartment in Zhongguancun and, along with several other 99fang employees, began developing an app that would use big data algorithms to classify news according to users' preferences, which would later become Toutiao. That March, Yiming and Liang founded By ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of China
The government of the People's Republic of China is based on a system of people's congress within the parameters of a unitary communist state, in which the ruling Chinese Communist Party (CCP) enacts its policies through people's congresses. This system is based on the principle of unified state power, in which the legislature, the National People's Congress (NPC), is constitutionally enshrined as "the highest state organ of power." As China's political system has no separation of powers, there is only one branch of government which is represented by the legislature. The CCP through the NPC enacts unified leadership, which requires that all state organs, from the Supreme People's Court to the State Council of China, are elected by, answerable to, and have no separate powers than those granted to them by the NPC. By law, all elections at all levels must adhere to the leadership of the CCP. The CCP controls appointments in all state bodies through a two-thirds majority in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oxford University Press
Oxford University Press (OUP) is the publishing house of the University of Oxford. It is the largest university press in the world. Its first book was printed in Oxford in 1478, with the Press officially granted the legal right to print books by decree in 1586. It is the second-oldest university press after Cambridge University Press, which was founded in 1534. It is a department of the University of Oxford. It is governed by a group of 15 academics, the Delegates of the Press, appointed by the Vice Chancellor, vice-chancellor of the University of Oxford. The Delegates of the Press are led by the Secretary to the Delegates, who serves as OUP's chief executive and as its major representative on other university bodies. Oxford University Press has had a similar governance structure since the 17th century. The press is located on Walton Street, Oxford, Walton Street, Oxford, opposite Somerville College, Oxford, Somerville College, in the inner suburb of Jericho, Oxford, Jericho. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2020–2021 Xi Jinping Administration Reform Spree
In 2020, the Chinese Communist Party (CCP) and various Chinese regulatory bodies, under CCP General Secretary Xi Jinping, began a regulatory spree, strengthening regulations, issuing fines, and introducing or modifying laws. Though mostly targeted at disrupting the growth of "monopolistic" technology companies, the government also introduced other reforms with implications for large swathes of the economy and life in China. Actions taken included the implementation of restrictions on for-profit tutoring and education companies, the refinement of existing rules for limits on minors playing online video games, and the introduction of new antitrust rules. Background and origins Historical background Economic reforms under Chinese leader Deng Xiaoping in the 1980s relaxed government control of some portions of the economy, allowing for the emergence of private industry. China maintains numerous state-owned enterprises and the economy, referred to as a socialist market economy, oper ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wire China
''The Wire China'' is a weekly online news magazine focused on Chinese business, economics and finance, founded by former ''The New York Times'' Shanghai correspondent David Barboza. History ''The Wire China'' launched its first issue in April 2020. It publishes five to six articles per week including a 3,000-5,000 word cover story, a news and analysis piece, a data investigation called 'The Big Picture', Q&A, and an Opinion section. The magazine also publishes a regular books column and the occasional long essay. In 2020 it published cover stories investigating the accounting scandal of Luckin Coffee, whistleblowers at GlaxoSmithKline China's operations, and Chinese aerospace company Aviation Industry Corporation of China's acquisition of American companies during the GFC. Content is behind a paywall, with monthly and annual subscriptions available. Coverage According to its website, ''The Wire China's'' news coverage focuses on: China largely from beyond its borders, s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. Mostly written and edited in London, it has other editorial offices in the United States and in major cities in continental Europe, Asia, and the Middle East. The newspaper has a prominent focus on data journalism and interpretive analysis over News media, original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson (businessman), James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Under Xi Jinping
Xi Jinping succeeded Hu Jintao as General Secretary of the Chinese Communist Party (CCP) in 2012, and later in 2016 was proclaimed the CCP's 4th leadership core, following Mao Zedong, Deng Xiaoping, and Jiang Zemin. Xi Jinping secured an unprecedented third term as CCP General Secretary after the 20th CCP National Congress in 2022. The name general secretaryship of Xi Jinping is officially called the "Party Central Committee with Comrade Xi Jinping as General Secretary" () from 2012 to 2016, and "Party Central Committee with Comrade Xi Jinping as the Core" () since 2016. Xi's political ideas and principles, known as Xi Jinping Thought, have been incorporated into the party and national constitutions. As the central figure of the fifth generation of leadership of the PRC, Xi has centralized institutional power by taking on multiple positions, including new CCP committees on national security, economic and social reforms, military restructuring and modernization, and the Inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xi Jinping
Xi Jinping, pronounced (born 15 June 1953) is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (China), chairman of the Central Military Commission (CMC), and thus the paramount leader of China, since 2012. Since 2013, Xi has also served as the seventh president of China. As a member of the fifth Generations of Chinese leadership, generation of Chinese leadership, Xi is the first CCP general secretary born after the Proclamation of the People's Republic of China, establishment of the People's Republic of China (PRC). The son of Chinese communist veteran Xi Zhongxun, Xi was exiled to rural Yanchuan County, Shaanxi Province, as a teenager following his father's purge during the Cultural Revolution. He lived in a yaodong in the village of Liangjiahe, where he joined the CCP after several failed attempts and worked as the local Chinese Communist Party Committee Secretary, party secretary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
