Graft fight in key sectors deepen

Xi: There’s no turning back, no relaxing and no mercy in fighting corruption. — Reuters

PRESIDENT Xi Jinping vowed to deepen an anti-corruption campaign spanning several critical sectors, a move that risks freezing spooked decision makers and hampering China’s fragile economic recovery.

The Chinese leader singled out the finance, energy, pharmaceutical and infrastructure sectors, as well as state-owned enterprises, as targets of fresh scrutiny at a meeting of the Communist Party’s anti-graft agency on Monday, according to state media.