Logo 07 Jul 2020

Cracking down on financial crimes

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

On Friday, China’s legislature (NPC) dropped the draft of the amended Criminal Law.

Why it matters: The amendment further clamps down on financial crimes.

Most notably, punishments are getting harsher:

The max prison sentence for committing serious financial fraud in stock and bond is...