Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Chinese President Xi Jinping has warned officials not to spend public funds on extravagant banquets or gifts as the Mid-Autumn Festival approaches.
The Mid-Autumn Festival (September 27 this year) ranks second among China’s holiday sales periods, after the Lunar New Year.… Continue Reading
China’s Ministry of Education has named three government universities and multiple employees for spending public funds on unauthorized sight-seeing tours and accepting money as wedding gifts.
Faculty members at Tongji University’s School of Economics and Management and Tianjin University’s Logistics Office were found to have paid for unauthorized trips using public funds.… Continue Reading
China’s former state security chief Zhou Yongkang, who was sentenced to life imprisonment, leaked state secrets to a fortune teller by the name of Cao Yongzheng.
Cao was introduced to Zhou Yongkang through his eldest son, Zhou Bin, in 2000 and won Zhou’s trust by mentoring his younger son Zhuo Han.… Continue Reading
China has officially launched 50 social media accounts run by internet police to target illegal and harmful online information.
The 50 social media accounts were launched on popular microblog site Weibo, mobile messaging app WeChat, and Baidu’s online community Tieba, covering 13 provinces and 37 cities.… Continue Reading
Shi Xiongliang, former deputy general manager of Maanshan Iron & Steel Co Ltd, stood trial for taking bribes worth $306,451 from suppliers and sales agents. http://www.morningpost.com.cn
Former general manager of Shenzhen Xinguang Industrial Co Ltd, Liang Xinghui, was tried on charges of embezzlement, bribery and framing.… Continue Reading
Image courtesy of wantchinatimes.comSong Jian’guo, a former traffic police officer in Beijing, is on trial for receiving 23.9 million yuan ($3.9 million) in bribes in exchange for issuing privileged car license plates to several business tycoons.… Continue Reading
China is pushing reforms at public hospitals in the wake of widespread complaints about inadequate healthcare services and corruption related to drug sales.
According to a guideline issued by the State Council, reforms that were piloted in 17 cities in 2010 will be expanded to the country’s 6,800 public hospitals by 2017.… Continue Reading
China’s third-largest mobile carrier China Telecom Corp Ltd punished 31 executives found to have engaged in extravagant banquets and prostitution.
The mobile carrier said in a statement that executives at its Beijing branch squandered 79,500 yuan ($12,822) of public funds on lavish banquets and entertainment in a restaurant in Hebei province.… Continue Reading
China closed 66 illegal golf courses in its latest efforts to clamp down on corruption and environmental degradation.
The National Development and Reform Commission (NDRC), China’s top economic regulator, published a list of golf courses that were shut down for being “illegal.”… Continue Reading
China has chosen seven audit firms including PwC, BDO, and Grant Thornton to examine the overseas assets of major state-owned enterprises (SOEs) following an open tender held last month.
The move came after a former audit official warned that more than 110 SOEs’ overseas assets valued at about 4 trillion yuan ($637 billion) were not audited due to insufficient audit staff.… Continue Reading
Shi Tao, the former executive deputy general of FAW-Volkswagen Sales Co Ltd, a subsidiary of Volkswagen AG’s China joint venture, has been sentenced to life in prison for accepting bribes totaling 33 million yuan ($5.3 million).… Continue Reading
Wang Hanchen, former general manager and deputy party chief of state-owned Shaanxi Nonferrous Metals Holdings Group Co Ltd, has been expelled from the party and dismissed from government posts after being found to have taken bribes.… Continue Reading
