China's anti-corruption agency has financial sector in its sights

CCDI takes aim at 'shadow shareholders' and warns industry cleanup is coming

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Shanghai's Pudong Lujiazui financial district on Jan. 8: Beijing may have concluded that a shorter leash on financial market players is now essential. © VCG/Getty Images

Benjamin Qiu is a partner with the law firm Loeb & Loeb handling venture capital financing for Chinese companies and others. He is also a registered arbitrator with the Shenzhen Court of International Arbitration. The views expressed in this article are his alone and should not be considered as legal advice.

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