Heads Roll as China’s Financial Clampdown Continues
The widening of Xi Jinping’s anti-corruption drive is shaking industry and investor confidence.
Li Yunze, director of National Administration of Financial Regulation, speaks during the Lujiazui Forum in Shanghai, China, June 8, 2023. Credit: Qilai Shen/Bloomberg via Getty Images
For the 300 or so Wall Street bosses packed into the grand ballroom at Hong Kong’s Four Seasons Hotel this week, the message from China couldn’t have been more welcoming.
Addressing the room via a pre-recorded video link, Vice Premier He Lifeng, the country’s newly-minted economics czar stressed “China’s charm and Hong Kong’s charisma.” With the Chinese economy on track to meet its growth target this year, he urged the guests to “speak freely” and find solutions to global ch
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Is it time for the U.S. to temper its policies towards China? Or is the U.S. just hitting its stride? With the election between Donald Trump and Kamala Harris just around the corner, we asked more than a dozen experts and policy makers: Where should the next U.S. president go from here?
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy
