Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ...
by rst on Thursday September 27, 2018 @10:42PM
(#18090585)
China's had a round over the last few years of prosecutions of big shots, including high-level officers of successful companies, for financial irregularities. See, e.g.,
There are complicating factors in figuring out whether any particular person would be a target of this sort of prosecution (in some cases, the real issue is likely failure to toe the Party line) -- but the idea that the Chinese government turns a blind eye toward this sort of thing generally is, at the very least, oversimplified and out of date.
https://www.straitstimes.com/asia/east-asia/chinese-tycoons-...
There are complicating factors in figuring out whether any particular person would be a target of this sort of prosecution (in some cases, the real issue is likely failure to toe the Party line) -- but the idea that the Chinese government turns a blind eye toward this sort of thing generally is, at the very least, oversimplified and out of date.