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Last year, China was rocked by a surge of corruption probes ensnaring individuals from a vice central bank governor to a former chairman of its biggest oil and gas company, adding to unease in an ...
The defining type of corruption in China, according to her, is called "access money," exchange-based corruption among elites (for example, massive graft). She compares such corruption to steroids: "steroids are known as 'growth-enhancing drugs,' but they come with serious side effects."
The congressionally mandated report, which looks at China’s military efforts through 2023, said a wave of senior-level corruption last year may have disrupted the 2027 modernization goals of the ...
China wants to hit a military modernization milestone in 2027. But China's ongoing crackdown on military corruption could disrupt its progress, says the Pentagon. China suspended a top military ...
China expelled former defense ministers Li Shangfu and Wei Fenghe from the ruling Communist Party over alleged corruption Thursday, the latest sign of a secretive crackdown sweeping the country ...
Since economic reforms began in 1978, political corruption in China has grown significantly. The types of offenses vary, though usually they involve trading bribes for political favours, such as local businesses trying to secure large government contracts or subordinates seeking promotions for higher office.
Chen Liangyu, the Shanghai Party Chief and Politburo member was sacked from the party in 2006, becoming the most senior party member to be dismissed in a decade. [2] He was accused of illicitly investing billions of yuan of pension fund money in real estate, aiding illegal businesses, shielding corrupt colleagues, and abusing his position to benefit family members. [3]
Xi’s aggressive campaign against corruption has become one of the hallmarks of his presidency, punishing 4.7 million officials over the last decade as China’s top leaders vow to purge corrupt ...