China's Top Tech Banker Detained by Antigraft Agency, WSJ Reports

China's Top Tech Banker Detained by Antigraft Agency, WSJ Reports

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the detention of a financial executive by China's anti-graft agency, linked to an investigation involving a former president. This situation raises concerns in the financial industry, suggesting a tighter grip by the government on the sector. The crackdown is part of a broader effort to control the financial system, with recent corruption charges and regulatory reshuffles indicating a focus on restoring economic growth.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum duration for which the detained executive can be held without access to a lawyer?

9 months

12 months

6 months

3 months

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the broader implication of the executive's detention for the finance industry?

Expansion of financial services

Relaxed regulations

Tighter government control

Increased foreign investment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the current crackdown on the financial sector compare to previous actions on property and real estate?

Not related

Equally high-profile

Less high-profile

More high-profile

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What charges have been brought against the former president of China Merchants?

Tax evasion

Money laundering

Insider trading

Taking massive bribes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the financial sector play in the government's economic strategy?

Peripheral

Irrelevant

Minimal

Central