BEIJING (Reuters) – President Xi Jinping is likely to promote a corruption whistleblower to China’s top military decision-making body to underscore his determination to tackle graft inside the country’s rapidly modernizing armed forces, two sources said.
General Liu Yuan, 62, the eldest son of late president Liu Shaoqi, is set to be appointed to the Central Military Commission during a meeting of the Communist Party’s elite 205-member Central Committee in October, a source close to the leadership and a second source with ties to the military said.
BEIJING (Reuters) – Two influential former Chinese leaders gave their consent for President Xi Jinping to investigate ex-domestic security chief Zhou Yongkang, sources told Reuters, a sign the corruption probe will not open a rift in the ruling Communist Party.
Xi would not have been able to investigate someone as powerful as Zhou without the agreement of senior party members and other retired top officials, political analysts said.
BEIJING (Reuters) – China’s Communist Party said on Tuesday it had launched a corruption investigation into former domestic security chief Zhou Yongkang, one of the country’s most influential politicians of the last decade, in a case that has its origins in a party power struggle.
Zhou, 71, is by far the highest-profile figure caught up in President Xi Jinping’s crackdown on corruption. Indeed, Zhou is the most senior Chinese official to be ensnared in a graft scandal since the party swept to power in 1949.
BEIJING/HONG KONG, May 23 (Reuters) – Liu Han seemed to
thrive in the company of officials.
Even a birthday party in 2011 for Liu’s primary-school aged
son drew a crowd of bureaucrats in Chengdu, the capital of
China’s western Sichuan province where the flamboyant mining
tycoon was based. “There was a mayor of a nearby city with a
population of three or four million,” recalls Australian
political lobbyist John Halden who helped win approval for Liu’s
mining investments in Western Australia and was invited to the
October 15 celebration. “There were senior people from the
provincial treasury and about seven or eight officials from the
city of Chengdu.”
BEIJING/HONG KONG (Reuters) – Liu Han seemed to thrive in the company of officials.
Even a birthday party in 2011 for Liu’s primary-school aged son drew a crowd of bureaucrats in Chengdu, the capital of China’s western Sichuan province where the flamboyant mining tycoon was based. “There was a mayor of a nearby city with a population of three or four million,” recalls Australian political lobbyist John Halden who helped win approval for Liu’s mining investments in Western Australia and was invited to the October 15 celebration. “There were senior people from the provincial treasury and about seven or eight officials from the city of Chengdu.”
BEIJING, May 11 (Reuters) – A group of “princelings”,
children of China’s political elite, has quietly urged the
Communist Party leadership to release jailed Nobel laureate Liu
Xiaobo on parole to improve the country’s international image,
two sources said.
Liu’s release is not high on the agenda of the party, which
is trying to push through painful economic, judicial and
military reforms amid the most extensive crackdown on corruption
in over six decades, the sources with ties to the leadership
said, requesting anonymity.
BEIJING (Reuters) – China is auditing the State Grid Corp of China, the utility said in the wake of a magazine report that one of the most senior executives in the world’s largest utility was under investigation.
Caixin, a well-respected Chinese business magazine, reported this week that Zhu Changlin, head of the State Grid’s North China operations, is under investigation, leading industry and government sources to believe State Grid could be next in line in the government’s campaign against graft.
BEIJING (Reuters) – A unit of one of China’s biggest bad-debt banks plans to woo foreign investors with a $1 billion fund for soured property loans and distressed real-estate assets, reopening the sector to outsiders after a failed attempt last decade.
That the fund is being launched just as growth in the world’s second-largest economy has slowed to an 18-month low and the housing market is losing strength is no coincidence.
BEIJING (Reuters) – Chinese President Xi Jinping plans to use a purge of senior officials suspected of corruption to put his own men and reform-minded bureaucrats into key positions across the Communist Party, the government and the military, sources said.
Xi hopes that removing corrupt officials and those resisting change will allow him to consolidate his grip on power and implement difficult economic, judicial and military reforms that he believes are vital to perpetuate one-party rule, said the sources, who have ties to the leadership.
BEIJING (Reuters) – A disgraced senior Chinese army officer is accused of selling hundreds of military positions, raking in millions of dollars, sources with ties to the leadership or military told Reuters, in what is likely China’s biggest military scandal in two decades.
In a renewed campaign on graft, Chinese President Xi Jinping has vowed to go after both powerful “tigers” and lowly “flies”, warning that the issue is so severe it threatens the ruling Communist Party’s survival.