My point is Xi's crackdown to consolidate power has been widely reported and 'corruption' has been used to silence critics and anyone opposing Xi's power play.
I definitely do know not much on this topic but I also can't find any legit sources.
"China Blocked Jack Ma’s Ant IPO After Investigation Revealed Likely Beneficiaries"
There has been wild speculation about the source behind this story, including that Xi's faction provided details to WSJ since no one else had all the details.
It's so hard to get to the actual truth where CCP is involved. I'm sure there is actual corruption - hear about it on the low level personal stories of manufacturing businesses working with HN commenters. But it's also used as an excuse to sideline potential opposition.
The byline starts it off ha: "Well-connected Chinese power players, including some with links to political families that represent a potential challenge to President Xi" "Mr. Xi has used the antigraft crusade to target both actual corruption as well as to strengthen his own hold on power."
The article gave me some new insight I think in showing how corruption could be viewed by the party as anything that threatens the party's power and their all important stability - a different definition than my perspective; like the kind of nouveau riche spend bragging and Saudi 'prince' instagram type behavior alluded to in the article