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Netrebko shares dip on the Hang-Seng index

A report in the Shanghai Daily, which is our window on the world this week, informs us that China has banned officials ‘from holding extravagant galas said to be damaging the image of the Communist Party.’

There are to be no more ‘luxurious and extravagant galas… especially those organised with public funds…No government funds should be used to invite high-cost entertainers’.

The new edict will doubtless impact on the upper echelons of the music business (though not, perhaps, on Lang Lang).

anna netrebko

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  1. Erm…I believe the HSI belongs to Hong Kong, not China.

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