Sany Group, one of China’s biggest makers of construction machinery, is reportedly planning to move its headquarters to Beijing from Changsha as part of its plan to become a global powerhouse.
The costly relocation has ignited questions about how the decision will affect Sany’s business and, more important, why it is necessary for a private-sector firm to move to the country’s political centre.
Sany’s chairman Liang Wengen is reported to have been very keen to join the 18th Central Committee of the Communist Party of China CPC, the highest authority within the party, but failed to secure a seat in the 205-member group.
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