Is Shijinping Tapping the Chinese Economy?

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The Chinese government is cracking down on what it calls the disorderly expansion of capital. In recent months, bejing has targeted some of china's most successful companies,. imposing harsh regulations and fines on ride hailing company dd; tech giants ali baba and ten cent. The idea isn't to destroy them, or, you know, to wipe them out, for them to knot play a big role in the economy., says Shijinping.

Chinese President Xi Jinping has kicked off a "rectification" campaign that’s affecting every sector of Chinese society and business. Lily Kuo, the Washington Post's China bureau chief, explains.

Today’s show was produced by Hady Mawajdeh and Miles Bryan, edited by Matt Collette, engineered by Efim Shapiro, fact-checked by Laura Bullard, and hosted by Sean Rameswaram.

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