Is it true that Chinese government earns a part of every Chinese company? Do you know any links to prove it?

Question

I would like to use it in a debate, thanks.

I know there is taxing, however I thought whether the gov't doesn't own a percentage of the company, where the claim comes from the gov't providing a part of the start-up capital.

Answer 1

No. It is not true.

China has private companies, state-owned companies and government-linked companies. The latter two are owned (at least partially) by the Chinese government, but only via owning equity. China is not Communist anymore. They've been one-party socialists for quite some time, which means that private companies run a good part of the country.

I look at Chinese companies as a good part of my job. I was in China two days ago and the State is having an ever diminishing part of business influence - apart from VAT, tax and licensing.

Answer 2

I would think they have a system similar to USA economics, where our government gets a share of every business also. it is called...TAX.