Wednesday, December 17, 2025 | 12:15 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Entrepreneurs squirm under Xi Jinping's tightening grip

China is showing signs that it is aware of unease in the private sector

Chinese President Xi Jinping, front row center, leads other cadres to raise their hands to show approval of work reports during the closing ceremony for the 19th Party Congress at the Great Hall of the People in Beijing. (Photo: AP| PTI)
premium

Chinese President Xi Jinping, front row center, leads other cadres to raise their hands to show approval of work reports during the closing ceremony for the 19th Party Congress at the Great Hall of the People in Beijing. (Photo: AP|PTI)

SUI-LEE WEE | NYT Beijing
Guo Junwen was a successful property developer in southwestern China when the authorities threw him behind bars three years ago on charges involving land use and seized his business.

Now free, Guo — who still disputes the charges — says the police are refusing to return money they still owe him under Chinese law.

“They said, ‘We have no choice, Old Guo,’” Guo said in a telephone interview from the Indonesian island of Batam, where he lives part time. “‘We have no fight against you, but this is what the higher-ups want.’”

China’s relationship with entrepreneurs like Guo, already complicated, has become strained.