Xi Jinping’s campaign against gambling is a failure
Chinese citizens go to great lengths to bet
Overlooking the ocean atop Singapore’s glitzy Marina Bay Sands casino, the Chinese Communist Party is out of sight but, for at least a few patrons, probably not out of mind. Earlier this year the Chinese embassy in the city-state sought to “solemnly remind” its citizens that gambling while abroad, even in lawfully operated casinos, remains illegal. “Keep yourself clean” and report fellow Chinese caught having a flutter, diplomats instructed.
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This article appeared in the Finance & economics section of the print edition under the headline “Not even Xi”
Finance & economics
December 7th 2024- How China will strike back at Trump
- MAGA types have a point on debanking
- France is not alone in its fiscal woes
- Russia’s plunging currency spells trouble for its war effort
- How sports gambling became ubiquitous
- Xi Jinping’s campaign against gambling is a failure
- The hidden cost of Chinese loans
- Cronyism is a problem. But not always an economic one
From the December 7th 2024 edition
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