‘Unwritten rules’ become newest target in Communist Party’s war on corruption

The Communist Party of China has launched a new crackdown on corruption by targeting the "unwritten rules" that enable officials to engage in corrupt activities. These unwritten rules refer to informal norms and practices that allow officials to abuse their power and engage in corrupt behavior without being explicitly prohibited. This move is significant as it signals the party's commitment to rooting out corruption and ensuring accountability among its officials. The campaign will likely have a lasting impact on China's business and economic landscape.

Why it matters

China's regulator is signalling a crackdown on corruption, which could lift investor sentiment and pull in foreign capital. That could boost confidence in the Chinese market and economy.

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