Feb. 3 at 3:43 AM
$LU According to data from the South China Morning Post, in the first nine months of this year, the highest body overseeing the anti-corruption campaign in China, the Central Commission for Discipline Inspection, detained 54 government officials, bankers, and high-ranking managers of financial institutions suspected of corruption. This obviously undermines confidence in the Chinese market, but it is interesting to see how many bodies would have been lost in European financial institutions or stock exchanges if anti-corruption proceedings had been conducted with similar zeal.
