Tag: Central Commission for Discipline Inspection (Communist Party of China)

As China Tries to Present a Friendlier Image, a New Face Emerges

Media Library

Faced with declining foreign investment at home, China has sought to soften its image in the United States and Europe and make nice with some of its neighbors. One Communist Party official has played an unusually prominent role in the shift in tone. In New York, he told an audience of scholars and businesspeople that China did not seek to rewrite the United States-led global order. In Paris, he said that China’s modernization would benefit Europe and the world. In Beijing, he told the ambassador of India, a regional rival,…

China Is Cracking Down on Bankers. Here Are Some of the Targets.

Chin@Strategy

For years, Xi Jinping, China’s leader, has railed against greed and corruption in the country’s financial sector, making an example of a few prominent figures along the way. But recently, the anti-graft campaign has kicked into overdrive, sweeping up a who’s who from the country’s financial and insurance sector as Mr. Xi and the Chinese Communist Party seek to consolidate control over a critical facet of the economy. China’s anti-corruption officials warned bankers in February that it would “investigate and deal with the people who neglect the party’s leadership.” They…