Why China’s tech giants are cozying up to the Communist Party

Hong Kong (CNN Business)China’s biggest ride-hailing company has a new plan to beef up customer service: hire 1,000 members of the ruling Communist Party.

The move by Didi Chuxing, a $56 billion startup, shows how leading Chinese tech firms, once hesitant to advertise political connections, are now increasingly promoting their ties to the party — especially after running into trouble with authorities.
“Tech entrepreneurs are seeking to burnish their party credentials, gain brownie points,” said Duncan Clark, the chairman of Beijing-based investment advisory firm BDA.

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