China Tightens Foreign Access to Financial Data. Experts: Stricter regulations may attempt to obscure Beijing's economic secrets

China’s top banking watchdog is tightening its grip on financial data sharing. The agency says it’s “to avoid leaks to overseas banking supervisors.” Financial experts weighing in on the recent move, believe this is part of the Chinese Communist Party’s (CCP’s) efforts to keep a lid on economic secrets and further conceal evidence of corruption among senior Communist Party officials.