Chinese state media says President Xi warned officials against "collusion" with business

Chinese President Xi spoke to a meeting of anti-corruption regulators on Monday.

Xinhua New Agency with the info, Xi said:

• Action should be taken to prevent leading officials from acting for any interest group or power group, and to forestall any collusion between officials and businesspeople

On the face of it this is not an unreasonable remark.

If viewed in the context of China's not too long ago fierce crackdowns on various industry sectors, including tech, this could be taken as a sign that government moves to restrict industry may not have entirely passed. Offshore, and onshore, investors will be concerned if there is a re-emergence of tighter regulation Regulation Regulation is a key attribute of any forex broker in the retail industry. When investing money with a brokerage it is important to first see if they are regulated as this affords several client protections and safeguards.The financial services industry is tightly regulated to help prevent illicit behavior and manipulation. This is not unlike any other industries with a high net worth, that rely on transparency.Each asset class has its own set of protocols put in place to combat their respective Regulation is a key attribute of any forex broker in the retail industry. When investing money with a brokerage it is important to first see if they are regulated as this affords several client protections and safeguards.The financial services industry is tightly regulated to help prevent illicit behavior and manipulation. This is not unlike any other industries with a high net worth, that rely on transparency.Each asset class has its own set of protocols put in place to combat their respective Read this Term in China.