Recently, there has been a stir in China's political and business circles, involving Liu Liange, former governor of the Bank of China, and Xu Jiayin, a prominent entrepreneur. The incident has attracted widespread attention because it has revealed the intricate relationship between China's political power struggles, business interests and corruption.
This article will delve into the ins and outs of this incident, analyze Xu Jiayin's actions and the reasons behind Liu Liange's "fall".
## Background
Bank of China is one of China's four largest state-owned banks and has important international status and financial strength. Mr. Liu is a former governor of the Bank of China, a position he held for many years until a recent political change. Xu Jiayin, on the other hand, is a prominent Chinese entrepreneur who leads China Evergrande Group, which has a wide range of businesses in real estate, finance and other fields.
## Xu Jiayin's move
Xu Jiayin played an extremely striking role in this incident. He is described as starting to "bite" people, which means he took a series of actions politically to protect himself and his business from potential dangers. These actions may include engaging with high-level government officials, providing political support, or possibly interfering in political decision-making to meet his needs. Why does Xu Jiayin feel so dangerous and needs to take these actions? This involves the complexity of Chinese politics and business.
One possible explanation is that Mr. Xu's Evergrande Group may have been involved in some improper business practices or irregularities, which may have caught the attention of the government. In China, the government's regulation of large enterprises is quite strict, especially when it comes to the financial and real estate industries.
If Evergrande Group is found to have committed illegal acts, then the government may take action, which will pose a huge risk to Xu Jiayin's business. As a result, Xu may feel the need to maintain good relations with the government to ensure that his business is not adversely affected.
Another possible explanation is that Xu Jiayin may have been involved in a spiral of political power struggle. China's political power struggles are often complex and opaque, with complex relationships between various interest groups and factions. Xu's actions may be related to power struggles between certain political factions or senior officials, and he may need to cooperate with certain political forces to protect his position and interests.
## Liu Liange's "Falling Horse"
As the former governor of the Bank of China, Liu Liange has always played an important role in China's financial community. Recently, however, he has been described as being "down", meaning he has been removed from office and is likely to face serious legal problems. This has sparked widespread speculation about why Mr. Liu is in such a predicament.
One possible explanation is that Mr. Liu was involved in corruption. Corruption has always been a serious social problem in China, and the government has been actively cracking down on corrupt practices. If Mr. Liu is found to be involved in corruption, he could be prosecuted. This also explains why Xu Jiayin took action, as he may have thought that Liu's "fall" would have a negative impact on his business.
Another possible explanation is that Liu's "fall" is related to the political power struggle. China's political landscape is constantly changing, and power struggles between senior officials often affect the business world. Liu Liange may have been involved in some kind of political struggle that led to his ouster. This may also be related to Xu Jiayin's actions, as he may be drawn into political battles related to Liu Liange.
## Conclusion