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Re: Lexmark is a 100% Chinese Owned company
China announced that they intend to place gov't employee/ observers into the Top 100 private tech companies in Hangzhou province of China with the stated goal of fostering a better business environment.
China to place government officials in 100 companies including Alibaba
The list of companies has not been published.
NineStar Corporation of China which owns Lexmark is headquartered in a different province.
Despite claiming that the move in Hangzhou is no more than an “innovative” economic strategy, inserting government officials inside private firms further raises concerns about state influence at Chinese companies.
Under Chinese law, organizations can be forced to hand over data to the state if requested to do so.
The Chinese state has denied claims it can compel companies to share information, but placing hundreds of government officials within private firms could renew foreign concerns about the level of power the state has over domestic corporations.
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Re: Lexmark is a 100% Chinese Owned company
In a recent interview with an American eMagazine known as Wired, a US reporter was granted rare access to one of Huawei's campuses in China.
CBC Radio
He was asked:
Did they (Huawei) convince you that they were not a tool of the Chinese government?
I don't think that they can actually convince anyone.
The structure of the Chinese government, the structure of the Chinese economy [and] the structure ... of Chinese national security law makes clear that there is not a lot of space between private companies [in China] and the whims of the Chinese Communist Party.
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