How does the party secretary of the Chinese Communist Party affect the management of joint ventures between MNCs and Chinese firms?

What will be an ideal response?

The most important person in the governance of any Chinese business organization of significant size is the organization's party secretary. The party secretary is a member of the Chinese Communist Party (CCP), and is appointed by the CCP to be its representative within the organization. While a Chinese corporation or a joint venture with a Chinese partner may be formally governed by a board of directors, ultimate power resides with the party secretary. Appointments of executives and senior managers or major strategic decisions must be approved by the party secretary. Often, the party secretary informs the board as to decisions that have been made by the party, which the board must then implement.