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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