What Is Going On In China?

Nikkei Asia: “Billionaires banished. Celebrities canceled. Private businesses wiped out overnight with the stroke of the ruling communist party’s pen, along with a ban on the once-common practice of raising money offshore.”

“All of which has been prompting officials, investors and indeed anyone with a stake in the future of the world’s largest country to ask — what on earth is going on in President Xi Jinping’s China?”