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Corruption crusade or power play?

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A Chinese national flag flutters in front of a construction site in Guangzhou, Guangdong Province.   © Reuters

Chinese President Xi Jinping is waging a relentless war on corruption. Hundreds of thousands of officials have been punished for breaching various rules meant to cut down on graft and extravagance. Potential political rivals have been purged. The "zero tolerance" policy is affecting the corporate sector, too, with well-connected executives getting swept up in the dragnet. The following episodes show who is feeling the impact -- from the nouveau riche to large multinationals.

Katsuji Nakazawa, editor-in-chief of the Nikkei Editorial Headquarters for China, and Nikkei staff writers Shuhei Yamada, Ken Moriyasu, Toru Sugawara, Yu Nakamura, Tetsuya Abe and Gaku Shimada contributed to these reports.

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