China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia - The Wall Street Journal

China’s Communist Party will block promotions for senior cadres whose spouses or children hold significant assets abroad, as Beijing seeks to insulate its top officials from the types of sanctions that are being directed at Russia.

HONG KONGChinas Communist Party will block promotions for senior cadres whose spouses or children hold significant assets abroad, people familiar with the matter said, as Beijing seeks to insulate it… [+321 chars]

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