Must-Read: Minxin Pei: Xi Jinping’s war on the ‘financial crocodiles’ gathers pace: “Beijing will pass off a politically motivated purge as tough regulatory enforcement… https://www.ft.com/content/19810ea2-5814-11e7-80b6-9bfa4c1f83d2 …Making an example of China’s wealthiest tycoons can… rein in overly aggressive business practices endangering the stability in China’s overleveraged and under-regulated financial sector. But the political benefits… are likely … Continue reading Must-Read: Minxin Pei: Xi Jinping’s war on the ‘financial crocodiles’ gathers pace