China investigates executives of state-owned energy and finance companies

China investigates executives of state-owned energy and finance companies

Four current and former senior executives of China’s state-owned enterprises in sectors including finance and energy have been placed under investigation for alleged corruption. They are Zuo Zuqing, deputy director of the state-run China National Nuclear Corp’s capital operational centre; Chen Xiaopeng, former party secretary and director of the China Securities Regulatory Commission’s Shenzhen branch; … Read more

China’s Xi Jinping calls for ‘loyalty and honesty’ from younger officials as morale runs low

China’s Xi Jinping calls for ‘loyalty and honesty’ from younger officials as morale runs low

Chinese President Xi Jinping on Friday urged young and middle-aged officials to be loyal, honest and “keen on reform and innovation” in an effort to rally morale and encourage unity in the face of economic and social risks. “[Young and middle-aged officials] must actively practice loyalty and honesty towards the party, and must make their … Read more