EVENT INFORMATION

26
January
1952

The Five-Anti campaign intensifies pressure on private businesses

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๐Ÿ“… 26 January 1952 ๐Ÿ“ China

A central directive opened a campaign against bribery, tax evasion, theft of state property, cheating on government contracts and leaking economic information. It framed private capital as both a partner in reconstruction and a potential political rival. The campaign helped the state gain leverage over urban commerce and industry, but it also damaged business confidence and narrowed the mixed-economy space promised in 1949.

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People in this event

Mao Zedong

Zhou Enlai

private business owners

Organizations in this Event

Communist Party of China

municipal governments

private firms