Xi’s iron grip on power brings new form of corruption, US panel is told

Chinese leader Xi Jinping’s tightening grip on power over the last decade has created a new form of corruption in his country’s government as officials compete to show their loyalty to him above all else, a congressional advisory body on US-China relations was told at a hearing on Thursday.Experts on Chinese politics at the elite and local levels warned that Xi, who abolished presidential term limits and is widely expected to stay in power when his second term ends this year, has wrung out from…