China Cracks Down on Private Enterprises

China Cracks Down on Private Enterprises
BEIJING, CHINA - MARCH 05: Chinese President Xi Jinping claps hands at Chinese Premier Li Keqiang's speech during the opening of the Two Sessions of the 13th National People's Congress (NPC) at The Great Hall of the People on March 5, 2019 in Beijing, China. Photo by Andrea Verdelli/Getty Images
Olivia Li
Updated:

As China’s annual “Two Sessions” political meetings continue this week, one Party official has raised concerns about how Chinese authorities have spooked the private sector with its heavy-handed tactics.

During a side meeting of the Chinese Communist Party’s political advisory body—called the Chinese People’s Political Consultative Conference (CPPCC)—held on March 4, Sun Qian, the deputy procurator-general of China’s highest prosecutor’s office, brought up the issue of local governments arresting private company executives or suspending their companies’ operations upon suspicion of illegal activity, according to a report by Chinese finance magazine Caixin.