20220216 CUC main

Chinese President Xi Jinping, center, has been cracking down on corruption as he pushes to cement his grip on power. Authorities have arrested Zhou Jiangyong, right, the former top official in the city of Hangzhou, while Chinese state media have implicated Ant Group, controlled by billionaire Jack Ma, left, in the scandal. (Nikkei montage/AP/Reuters/Ken Kobayashi)

Analysis: Who's too cozy with the private sector? Xi Jinping decides

China's first arrest for 'disorderly expansion of capital' sends shock waves

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.