Golden shares in Chinese platforms

Angela Xiao Wu sheds light on the Chinese government's 1% 'golden shares' in tech companies, and how these shares have ended up limiting companies' ability to capitalize on globalizing markets. She observes: "Chinese news media remain state majority-held, whereas many private platforms, in order to obtain a key business asset—news data streams—conceded certain decision-making powers to the state." 

For the full story on these 'golden shares,' read Wu's essay in Platforms & Society.