Michael Zhuang

The former securities regulator’s downfall reflects Xi Jinping’s drive to tighten control over China’s financial sector and dismantle rival networks.

Despite weakening credit demand, Beijing continues to pressure state-owned banks to increase lending.

Scholars say China’s low rural pension payments leave millions struggling in retirement, exposing a widening gap between rural and urban residents.

Leaked documents and a graduate’s account allege Xinjiang Agricultural University sent students to factories while shifting workplace risks onto them.

New rules tax offshore trusts at multiple stages and require some holders to disclose previously unpaid taxes within 90 days.

Chinese AI developers say internet censorship and political controls block access to overseas models and research despite Xi’s calls for AI openness.

Analysts say the probe reflects Xi Jinping’s growing emphasis on political loyalty over market expertise as Beijing reshapes its economic leadership.

A resident displaced by reservoir failures said people remain without permanent housing as farmland, homes, and livelihoods lie in ruins.

Xi associate becomes the latest senior financial official targeted in Beijing’s anti-corruption campaign.

Volunteers said they survived on rainwater and tree leaves after flooding devastated villages in Guangxi, as they questioned authorities’ relief efforts.