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Economy

Beijing takes its corruption crackdown into new territory

A Causeway Bay bookstore in Hong Kong that carried books about the inner workings of Chinese politics

BEIJING   Desperate to prevent a slowdown from giving way to social turmoil, China has expanded the scope of its corruption crackdown beyond just public-sector fat cats. Now, executives in the private sector -- and even university officials -- are also under watch for possible abuse of wealth and power. But how far can Beijing take its clampdown before it starts squeezing the remaining life out of the economy?

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