China further tightens officials’ families business

Social problem 06/22/22, 09:06

Xinhuanet reported on June 19 that in the newest move to fight corruption, the General Office of China Communist Party's Central Committee issued the "Regulations on the management of business by the spouses, children of leading cadres in doing business." The "applicable objects" of the "Regulations" are mainly the party and ...

$6 billion of missing deposits in Henan rural bank: Who is responsible?

Corruption 06/18/22, 01:59

Since April 18, many depositors have been unable to withdraw their money from several rural banks in Henan. As reported by Yicai, Xuchang Rural Commercial Bank is the largest shareholder of those banks. Therefore, it is responsible for the incident. According to media reports, the case involves 400,000 depositors and about 40 ...