Economy

China tightens curbs on foreign travel by bankers, state workers | Reuters News Agency

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EconomyGovernment

Reuters reported that Chinese civil servants and employees of state-linked enterprises are facing tighter constraints on private travel abroad and scrutiny of their foreign connections, as Beijing wages a campaign against foreign influence. 

Market Impact

The actions reflect President Xi Jinping’s focus on national security amid fraught relations with the West, two experts told Reuters. China in recent months has encouraged citizens to participate in anti-espionage activity, and introduced new laws that broadened the definition of spying. 

Article Tags

Topics of Interest: EconomyGovernment

Type: Reuters Best

Sectors: Economy & PolicyGovernment & Public ServicesTransport & Logistics

Regions: Asia

Countries: China

Win Types: Impact (Long Term)

Story Types: Special Report / Insight

Media Types: Text

Customer Impact: Significant National Story

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