Former Everbright chairman becomes latest financial official to fall under CCDI investigation

Financial scandals at the highest levels of state-backed firms are a particular concern for regulators, given their potential to affect social stability and the financial system. Regulators also want to ensure that capital meant to finance China’s industrial and tech development ambitions doesn’t wind up in the pockets of corrupt officials…
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Hengqin, Nansha, and Qianhai look to incentivize offshore fund investment

Now that China has reopened after three years of strict COVID controls, smaller cities and less developed zones within the GBA, are stepping up action to ensure they make progress on one of Xi Jinping’s pet initiatives. Despite geopolitical tensions, policymakers still view foreign capital as vital to developing the mainland part of the GBA and, more broadly, to China’s overall economic and “green” development and efforts to move up the value chain…
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