Party leader raps HK
BEIJING • China's third-ranked Communist Party leader Zhang Dejiang said Hong Kong should not "politicise everything", and should instead focus on integrating its economy with China's, according to members of China's Parliament who met him yesterday.
However, he did not single out anyone, although Beijing has become concerned about youth groups in Hong Kong using increasingly radical or violent means.
Rebuke for regulators
BEIJING • A Shanghai representative to the National People's Congress lambasted China's market regulators yesterday for igniting a stock crisis that is "destroying the Chinese middle class", a rare rebuke for the authorities in their biggest annual event.
Businesswoman Fan Yun laid into brokerages for failing to educate investors, while also blaming regulators for failing to control margin lending and alternative credit.