Investment Is Hard in Inner Mongolia: A Tale from Beyond the Shanhaiguan
I recently saw a certain blogger flee overseas to lay low after some incident. It feels naive in 2025 — I used to think…
To prevent nepotism, states and central enterprises across various regions have implemented avoidance systems. This is essentially to avoid the negative impact of near-clan recruitment on corporate efficiency and social mobility. In other words, from now on, the only things that can be inherited are assets and family business models.