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Lobbying: China firms can't influence government like US companies do. ; Beijing's regulatory crackdown on Chinese tech companies has revealed to American investors fundamental differences in the relationship each country's government has with its corporations
BEIJING - American investors'shock at an ongoing regulatory crackdown in China points to a fundamental difference between the two countries that many didn't seem to grasp: When it comes to making the rules, corporations don't have as much influence in China as they do in America.
But whereas the US system is designed to let corporations influence the government, China's system is designed to bring corporations in line with government goals