SINGAPORE/BEIJING (Financial Times) -- President Xi Jinping has called for stronger "regulation of high incomes" in the latest sign that a 10-month campaign targeting China's largest technology companies is rapidly expanding to encompass broader social goals.
State media reported that a meeting of the Chinese Communist Party's Central Financial and Economic Affairs Commission on Tuesday, chaired by Xi, had emphasized the need to "regulate excessively high incomes and encourage high-income groups and enterprises to return more to society."
