Wang Xiangwei
Wang Xiangwei

SCMP Columnist

China Briefing by Wang Xiangwei

Is capital evil? China’s widening crackdown has the ring of a bygone era defined by Mao and Marx

  • Beijing’s warning against ‘colluding with capital’ sounds vague but is likely significant – and a sign its campaign targeting the private sector is about to widen
  • China has good reasons to scale back excesses but its methods have fuelled leftist hype, prompting concerns it is abandoning the principles behind its economic success