China’s war on corruption – is this just the end of the beginning?

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Ahead of China's annual "two sessions," policymakers are emphasizing the continued importance of combating corruption and mitigating financial risks, long-term priorities of President Xi Jinping. While the Chinese leadership declared an "overwhelming victory" against corruption as early as 2018, the campaign continues. In the past year alone, over 983,000 individuals were punished for corruption at various levels. This ongoing effort suggests that the initial declaration was not an end, but rather the beginning of a sustained anti-corruption drive. The absence of these sacked officials will be noted at the upcoming "two sessions" meetings.
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