BEIJING (Reuters) – The chairman of one of China’s top state-owned automakers, FAW Group Corp, and a senior provincial official are being investigated for “violating party discipline”, the Communist Party said on Sunday, employing its usual euphemism for corruption.
After taking over as party and military chief in late 2012, President Xi Jinping declared war on corruption at all levels in China, vowing to go after powerful “tigers” and lowly “flies”. Scores of senior officials have been brought down by the campaign, including former security tzar Zhou Yongkang.
BEIJING (Reuters) – China is investigating a second former top military officer on suspicion of corruption, two independent sources told Reuters, as President Xi Jinping widens his campaign against deep-rooted graft in the country.
Guo Boxiong, 72, was a vice chairman of the powerful Central Military Commission until he stepped down in 2012. Another former vice chairman, Xu Caihou, was put under investigation last year for corruption.
BEIJING (Reuters) – Chinese troops are rehearsing for a major parade in September where the People’s Liberation Army (PLA) is expected to unveil new homegrown weapons in the first of a series of public displays of military might planned during President Xi Jinping’s tenure, sources said.
China will hold up to four PLA parades in the coming years in the face of what Beijing sees as a more assertive Japan under Prime Minister Shinzo Abe, who wants to ease the fetters imposed on Tokyo’s defense policy by a post-war, pacifist constitution.
BEIJING (Reuters) – Chinese President Xi Jinping secured the blessing of his still influential predecessor, Hu Jintao, before launching a corruption probe against a former senior aide to Hu – a sign that internal Communist Party harmony and respect for elders still holds sway in Xi’s historic crackdown on official graft.
Hu signed off on the probe into disgraced former aide Ling Jihua, who is suspected of trying to cover up his son’s death in a luxury sports car crash two years ago, people with ties to the leadership said.
HONG KONG/BEIJING (Reuters) – The sustained scrutiny of Chinese President Xi Jinping’s anti-corruption campaign has been traumatic for many Communist Party and government officials who have grown rich on their power to dispense favours. With so much attention on their lifestyles, spending, travel, entertainment and networks of friends and colleagues, many have decided the safest course is to avoid making decisions or seek early retirement, say people familiar with the probes.
“Government officials are feeling insecure,” says Bo Zhiyue, senior research fellow at the East Asian Institute of the National University of Singapore. “It has also fueled mistrust among officials. They report on each other.”
BEIJING (Reuters) – China’s ruling Communist Party announced a corruption investigation into a one-time senior aide to former president Hu Jintao on Monday, as President Xi Jinping opens another front in his sweeping battle against deep-rooted graft.
In a terse and brief statement on its website, the party’s anti-corruption watchdog said that Ling Jihua was being investigated for “suspected serious discipline violations”, the usual euphemism for graft. It gave no other details.
BEIJING, Nov 11 (Reuters) – Philippine President Benigno
Aquino said he and Chinese counterpart Xi Jinping had a “meeting
of minds” on Tuesday during talks which included a territorial
row that has soured relations between the South China Sea
The Philippines is in dispute with China over parts of the
sea including the Scarborough Shoal, an area believed to be rich
in oil and natural gas as well as fisheries resources.
BEIJING (Reuters) – Chinese President Xi Jinping called on Taiwan on Sunday to set aside their differences after a rocky patch in ties that saw Beijing rebuke the island for supporting pro-democracy protesters in Hong Kong.
Xi met Vincent Siew, Taiwan’s top envoy to the Asia-Pacific Economic Cooperation (APEC) forum in Beijing, and, in a political breakthrough, also met Wang Yu-chi, chairman of Taiwan’s policymaking Mainland Affairs Council, the highest level government-to-government contact between the two on Chinese soil since 1949.
BEIJING (Reuters) – China’s central bank is likely hold its line against an interest rate cut even as growth slows to a quarter-century trough, as the politics of reform influence the conduct of monetary policy, government sources involved in internal policy discussions say.
The People’s Bank of China (PBOC) faces growing pressure to cut interest rates to support growth, but fears that could fuel debt and property bubbles while denting Beijing’s reformist credentials have reduced the chances of any quick moves, according to sources close to the leadership and at top think-tanks.
BEIJING, Oct 22 (Reuters) – China’s central bank is likely
hold its line against an interest rate cut even as growth slows
to a quarter-century trough, as the politics of reform influence
the conduct of monetary policy, government sources involved in
internal policy discussions say.
The People’s Bank of China (PBOC) faces growing pressure to
cut interest rates to support growth, but fears that could fuel
debt and property bubbles while denting Beijing’s reformist
credentials have reduced the chances of any quick moves,
according to sources close to the leadership and at top