China started pursuing bankers

The Chinese authorities intensified campaign for fight against corruption in financial sector, which, in their opinion, being not able to serve real economy. About it reports newspaper "The Financial Times". The central commission on check of discipline (TsKPD) China warned financial sector about the future strengthening of checks which began in February, 2023. Officials intend to pursue representatives of branch because of their desire to become financial elite, "hedonism" and too magnificent way of life. All TsKPD initiated trials concerning more than ten top managers in this sphere. Among them...