Political Risk

China’s Xi warns of grim fight against corruption

“Chinese President Xi Jinping said on Tuesday the fight against corruption was grim and complicated but nevertheless, it had to be solved quickly with ‘drastic medicine’. Xi, in lengthy remarks to the ruling Communist Party’s anti-graft watchdog, echoed comments he has made before and stressed the importance he has placed on tackling official abuse, which is a major source of public discontent.

Source: China’s Xi warns of grim fight against corruption | Reuters

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