China's Xi is launching his most extensive examination of the country's financial institutions, targeting their ties with private firms, people familiar say
Chinese President Xi Jinping is zeroing in on the ties that China’s state banks and other financial stalwarts have developed with big private-sector players, expanding hisMr.
Xi, who started his campaign late last year with a regulatory assault on private technology giants, is launching a sweeping round of inspections of financial institutions.
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