BEIJING -- The Chinese Communist Party's anti-corruption unit has dispatched inspectors to 25 financial companies, including top state-owned banks, in what appears to be a crackdown prompted by the Evergrande debt crisis.
Fifteen teams from the Central Commission for Discipline Inspection will conduct a two-month review of the institutions, pushing them to "hold fast to the bottom line of no systemic financial risks," the People's Daily, the Communist Party's official newspaper, reported Thursday.