Spotlight | China
Chinese investment bank analysts ordered to toe party line

Citic Securities: one of the Chinese banks targeted by the CCP's strict instructions.
Citic Securities: one of the Chinese banks targeted by the CCP's strict instructions. © Rolex Dela Pena/EPA/MaxPPP
Xi Jinping wants China's banks and financial institutions to be solid, at least in appearance. Communist party sections inside the country's investments banks are laying down new, often incoherent rules, however, and ordering analysts to censure their reports, thus blocking the banks' operations. [...]
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