Econ and Finance - 24 Jul 2017

Dalian Wanda kowtows to Xi

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The recent crackdown on outbound investment comes straight from the top. So says some solid new reporting from Lingling Wei and Chao Deng at WSJ (link below).

That explains the heft behind the seemingly sudden smackdown of some of China’s wealthiest businessmen. It also explains their ready...


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