Beijing Diversifies Ownership Of Its Airlines

October 27, 2020
China Eastern A330
A China Eastern passenger Airbus A330 carrying advertising for Greenland Group, an investor in the airline’s logistics subsidiary.
Credit: joepriesaviation.net
Decades ago, China began allowing private investment into what had been wholly owned state enterprises. The usual approach, however, was for the state to share ownership of subsidiaries with outsiders while keeping full ownership at the top, or group, level. Dilution of government ownership at China...

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