Xi’s Anti-Graft Campaign Could Boost China’s Economy

China’s drive to clamp down on corruption might be bad for profits at upscale restaurants and casinos, but ultimately it is going to help the nation's economy, a recent study claims.

President Xi Jinping's signature campaign since taking office in 2012 stands to improve allocation of resources and help small companies -- the backbone of the entrepreneurial economy -- obtain easier access to finance, according to the research led by Mariassunta Giannetti, finance professor at Stockholm School of Economics.