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US officials put the CCP, corporate America on notice; why Xi is going after Xiao Jianhua’s Tomorrow Holding

SinoInsight  1   On July 17, the PRC’s financial regulators announced they were taking over nine financial institutions affiliated with Chinese conglomerate Tomorrow Holding Ltd. Co. The following day, Tomorrow Holding issued a statement arguing that its operations were normal despite being tightly regulated by the authorities and that financial regulators were exaggerating risks. Tomorrow Holding …

Read moreUS officials put the CCP, corporate America on notice; why Xi is going after Xiao Jianhua’s Tomorrow Holding

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