China’s Financial Earthquake! Wang Qishan Stages Financial Coup, Xi Jinping Strikes Back

On March 24, Zhou Liang, Deputy Director of China’s National Financial Supervisory Administration, was officially dismissed. While this announcement may have seemed routine, it caused a major stir within the Chinese political system and among the overseas Chinese community. Zhou was no ordinary financial official; he was once the personal secretary to Wang Qishan, a former member of the Politburo Standing Committee, and known as the “anti-corruption czar.” Zhou was also rumored to be a central figure in Wang’s inner circle, often referred to as his “godson.”
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