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China economy: Xi Jinping gets out the hammer

For most of his decade in power, Xi Jinping, China’s leader, has usually arrived at the same conclusion for how best to deal with the country’s issues: get the Communist Party more involved.

Lu tingDarrell duffieMax zengleinZhaopeng xingPolitburo standing committeeMercator institute for chinaChina merchants bankCentral financial works commissionBureau of financial supervisionChina renaissance holdingsStanford universityNational people congressChina renaissanceTian huiyuCommunist partyNational people

To Rein in China s Banks, Xi Uses Familiar Playbook

Xi Jinping is revamping China’s regulatory framework so the ruling Communist Party can assert more direct control over financial policy.

Lu tingDarrell duffieMax zengleinZhaopeng xingPolitburo standing committeeMercator institute for chinaChina merchants bankCentral financial works commissionBureau of financial supervisionChina renaissance holdingsStanford universityNational people congressCommunist partyMercator instituteChina studiesChina renaissance

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