Former Bank of Beijing chairman, Yan Bingzhu, under investigation for corruption in China's financial sector crackdown.

Former Bank of Beijing chairman, Yan Bingzhu, is under investigation for corruption, part of China's ongoing crackdown on graft in the financial sector. This investigation comes as President Xi Jinping intensifies efforts to address misconduct in finance, energy, and infrastructure sectors. Critics argue that the anti-corruption campaign has also been used to eliminate political rivals.

March 03, 2024
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