Special report | China’s corporate sector
The party is eager to expand its influence within business
In private workplaces, the Communist Party—once almost non-existent—is taking root once again
IF IT EVER was Shanghai’s tallest building, the 40-metre-high headquarters of the North China Daily News did not remain so for long. Skyscrapers became fashionable before the Communists took over in 1949 and turned China into a world leader for them. In 2015 the tallest building in China (and second-highest in the world) opened in Lujiazui, Shanghai’s Wall Street, on the far side of the Huangpu river. Chinese officials call the 632-metre edifice Shanghai Tower, a symbol of the financial capital’s might.
This article appeared in the Special report section of the print edition under the headline “It’s our business, too”
From the June 26th 2021 edition
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