# Anti-Corruption
Latest news and articles about Anti-Corruption
Total: 15 articles found
From Chemicals to Spirits: Wuliangye Ends Leadership Vacuum with Appointment of Industrial Veteran
Wuliangye Group has appointed Deng Min, a veteran from the chemical industry, as its new Party Secretary and Chairman-designate. This move follows the corruption investigation of his predecessor and aims to stabilize the Baijiu giant amid financial volatility and a recent rebound in earnings.
Teeth and Thorns: China’s New Financial Czar Signals Aggressive Shift in Risk Management
The NFRA, under new leadership, has announced a stringent regulatory agenda focusing on preventing defaults in small banks and stabilizing the property sector through 'white list' financing. The strategy emphasizes 'teeth and thorns' enforcement and a pivot from scale-driven growth to high-quality financial stability.
Sunday Tiger: Former Huaneng Finance Chief Toppled in Beijing's Persistent Power Probe
Wang Yihua, the former Chief Accountant of China Huaneng Group, is under investigation by the CCDI for serious disciplinary violations. His career across multiple top-tier energy firms highlights an intensifying crackdown on financial misconduct within China’s strategic state-owned enterprises.
Gatekeeper Under Fire: Former Bank of China Credit Chief Targeted in Widening Financial Purge
Xin Qiang, a former high-ranking credit approval official at the Bank of China, is under investigation for corruption. His downfall highlights the ongoing purge of the financial sector and the intense scrutiny of individuals responsible for managing the state's lending risks.
High Spirits, Hard Fall: Former Moutai Chairman Indicted in Widening Anti-Graft Net
Ding Xiongjun, the former chairman of liquor giant Kweichow Moutai, has been indicted for bribery and money laundering. The charges follow a long history of corruption at the helm of China’s most prestigious state-owned spirit producer, highlighting the systemic risks within its lucrative distribution model.
Clipped Wings: China Prosecutes Former Aviation Titan Liu Shaoyong in Expanding Anti-Graft Drive
Liu Shaoyong, the former chairman of China Eastern Airlines and a veteran of China Southern, has been indicted for accepting massive bribes throughout his career. His prosecution signals a deepening anti-corruption campaign targeting the leadership of China's strategic state-owned enterprises and the capital-heavy aviation industry.
The Hangover: Wuliangye’s 72% Profit Crash Signals a Deeper Crisis for China’s Baijiu Giants
Wuliangye Yibin, China's second-largest baijiu producer, reported a staggering 72% drop in 2025 net profit amid a broader industry downturn and a leadership crisis. The company's chairman remains under investigation for corruption, leaving the firm without a clear strategy as it attempts to clear high inventory levels and stabilize falling prices.
The 30,000-Yuan Red Line: China’s Healthcare Sector Reels Under Strict New Anti-Bribery Rules
China has introduced a strict new judicial interpretation lowering the criminal prosecution threshold for healthcare bribery to 30,000 RMB, triggering widespread panic among doctors and pharmaceutical firms. The move targets both public and private sectors, holding companies liable for employee misconduct and signaling an end to the era of relationship-based medical sales.
China’s Anti-Graft Watchdog Targets Railway Titan as Fei Dongbin Faces Prosecution
Fei Dongbin, the former head of China's National Railway Administration and a former Vice Governor of Henan, has been formally charged with bribery. Prosecutors in Jilin province allege that Fei exploited his various leadership roles across the railway sector and local government to illegally accept 'extremely large' sums of money and property.
Shattered Gears: The Downfall of a Titan in China’s Auto and Defense Sectors
Liu Weidong, a former top executive at China South Industries Group and Dongfeng Motor, has been sentenced to 13 years for a 26-year bribery spree. The case highlights the deep-seated corruption risks at the intersection of China’s automotive and defense sectors.
The Fall of a Titan: China’s Anti-Graft Net Snares Veteran Auto and Defense Executive
Liu Weidong, a former top executive at China South Industries Group and Dongfeng Motor, has been sentenced to 13 years in prison for accepting 41 million yuan in bribes. His conviction highlights the ongoing crackdown on corruption within China's critical defense and automotive state-owned enterprises.
A Dual-Industry Downfall: Former Defense and Auto Titan Jailed in China’s Graft Crackdown
Liu Weidong, a former top executive at defense giant China South Industries Group and veteran of the automotive sector, has been sentenced to 13 years in prison for bribery. His conviction, involving over 41 million yuan in illicit gains, highlights Beijing's continued efforts to purge corruption from its strategic industrial and military sectors.