The crackdown on China’s biggest company — also the second-largest oil company in the world — signals the new administration’s determination to exert control over the powerful sector, said Cheng Li, a Brookings Institution scholar.
The crackdown on China’s biggest company — also the second-largest oil company in the world — signals the new administration’s determination to exert control over the powerful sector, said Cheng Li, a Brookings Institution scholar.