The Chinese Communist Party’s (CCP) top disciplinary watchdog announced on July 22 the results of its disciplinary and criminal investigations for the first half of this year, with the number of officials probed for corruption reaching the highest level over the past decade. The Central Commission for Discipline Inspection (CCDI) published a short notice on…
China’s Top Anti-Graft Body Targets Its Own Officials for Alleged Corruption
China’s top anti-graft body recently announced that three of its own high-ranking officials are placed under investigation for “violations of disciplines and law.” The Chinese Communist Party’s (CCP) Central Commission for Discipline Inspection (CCDI) ensures that officials toe the Party line, stay loyal to the top Party leadership, and abide by the Party’s rules. However,…
China’s ‘M&A King’ Bao Fan Vanished, Rocking Country’s Financial Sector
China’s “M&A King” Bao Fan has been missing for over 50 days, sending shockwaves throughout the country’s financial and political circles. On April 3, China Renaissance Group, the company Bao founded, announced a trading halt, suspending trading from 9:00 am that day. The release of its annual performance report for 2022 has also been deferred…
China Purges Top Executives in Finance, Nuclear, Petrochemicals, Real Estate, and Infrastructure
March 21, 2023
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anti-corruptionanti-graftCCP corruptionChinaChinese Communist Party Chairman Xi JinpingChinese RegimeState-owned enterprise
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With China’s Communist Party Secretary Xi Jinping now in his third term, his anti-graft probes are continuing—with millions of cases investigated since he took power in 2012. Recently, Beijing’s anti-corruption organs announced the investigation of multiple top officials from state-owned enterprises in finance as well as industries such as nuclear, petrochemicals, shipbuilding, and property development. Between March…
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