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What's next in China's financial crackdown

Liu He, director of the central leading group of the Communist Party of China, speaks during a special session on day two of the World Economic Forum
Liu He speaks during a special session on day two of the World Economic Forum in Davos, Switzerland. Photo: Jason Alden/Bloomberg via Getty Images

Liu He, a Politburo member who's perhaps Chinese President Xi Jinping's most trusted economic policymaker and likely vice-premier, led the PRC delegation to the World Economic Forum in Davos, Switzerland.

What they're saying: In his speech on day two, Liu reiterated Beijing's focus on cleaning up the financial system and declared that the government would get control of the massive debt problem within three years.