Chinese board games are confusing

FT recently published a comment named Chinese board games are confusing. Of course it is not about board games. The board here refers to Chinese corporate board. The comment basically says that the two mandatory boards required by law in China–the board of directors and the supervisory board–overlap in function. The overlap then confuses investors and creates inefficiency.

Judicious as it is, the comment failed to mention the legal risks generated by this dual-board structure.

Please also see the report of FT