One year ago, Chinese leader Xi Jinping pledged to spend 2021 reining in "disorderly" private businesses that were growing too powerful and taking on too much risk. The sweeping regulatory crackdown that followed accomplished just that, claiming some high-profile casualties along the way. But the economy is now looking a lot shakier than it was, and Xi doesn't seem ready to rock the boat any
Published on December 19, 2021 23:56