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The US War Department's Release of a Blacklist Has Angered the Chinese Communist Party, but It Cannot Conceal the Truth About the Privatization of Chinese Companies.
After the U.S. Department of War added private high-tech companies such as Alibaba, Baidu, and BYD to the Chinese Communist Party's (CCP) blacklist of military enterprises, the CCP objected, and the listed companies quickly distanced themselves from the CCP military. However, they cannot deny that although Chinese private companies wear the cloak of "private ownership," they are actually controlled and driven by the CCP.
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After the U.S. Department of War added private high-tech companies such as Alibaba, Baidu, and BYD to the Chinese Communist Party's (CCP) blacklist of military enterprises, the CCP objected, and the listed companies quickly distanced themselves from the CCP military. However, they cannot deny that although Chinese private companies wear the cloak of "private ownership," they are actually controlled and driven by the CCP.