XI JINPING IS waging a campaign to purge China of capitalist excesses. China’s president sees surging debt as the poisonous fruit of financial speculation and billionaires as a mockery of Marxism. Businesses must heed state guidance. The party must permeate every area of national life. Whether Mr Xi can impose his new reality will shape China’s future, as well as the ideological battle between democracy and dictatorship.Listen to this storyYour browser does not support the element.Enjoy more audio and podcasts on iOS or Android.His campaign is remarkable for its scope and ambition. It started to …
