I'm starting to feel a little disillusioned about China

Who crossed the red line here? We’d argue that it was some of your colleagues and their kids in opting for industrial-scale greed — combined with the new technology to expose it. That technology is not going away, so the excesses and corruption better. The Times and Bloomberg did your leadership a huge service in exposing this. It was a warning heart attack. The No. 1 cause of death of Chinese regimes in history is greed and corruption.

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If you throw all our correspondents out of China, I can tell you exactly what will happen: They will set up offices in Hong Kong, Taiwan and South Korea and do nothing other than comb through financial records from afar, without the balancing alternative to travel in China, meet and hear from Chinese people face to face, and write with nuance about other issues. Also, it will force us to evict your journalists. We will not let you enjoy our openness while you blind us.

President Xi, you are right that exposure of huge, high-level asset grabs poses an existential threat to your party’s rule. But you’re wrong if you blame those exposing these excesses rather than those perpetrating them.

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