Using Business To Make a Point

By Derek Scissors

Derek Scissors is a resident scholar at the American Enterprise Institute (AEI), where he studies Asian economic issues and trends. In particular, he focuses on the Chinese and Indian economies and US economic relations with China and India. He is author of the China Global Investment Tracker and the Chinese Investment in the US Dataset.

Under President and Communist Party General Secretary Xi Jinping, China is engaged in either a multi-year campaign to reduce corruption, or a purge of Xi’s political opponents, or both. While the goals of the campaign are unclear, the intensity is not – very senior Party cadres have been targeted.

As a result, the campaign has inhibited both domestic and foreign businesses. It has thus marked as Xi as the most powerful Chinese leader since Deng Xiaoping.

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