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China Suspends New Bond Sales Amid Corruption Crackdown

Oct 15, 2014 10:51 AM EDT

China has temporarily suspended its plan to review new bond issues to slow bond sales amid the expansion of the anti-corruption campaign in the country, Nasdaq reported Wednesday.

China Officials' Spending Cut Down by Almost $9bn

Mitch de Leon |

Oct 09, 2014 07:03 AM EDT

The spending of the government officials in China has reportedly decreased by approximately $9bn over the last year.

Macau Casinos Feel The Squeeze Of Xi’s Anti-Graft Campaign

Bianca Ortega |

Sep 25, 2014 07:26 AM EDT

Macau's largest casino operators are feeling the pressure from China's anti-graft campaign, with some already planning to move either move their business to Vietnam or the Philippines, or quit the gambling industry.

Chinese Government Called on to Close 'Suicide Loophole' for Corrupt Officials

Erika Villanueva |

Sep 25, 2014 02:55 AM EDT

A renowned Chinese scholar called on the government Wednesday to make a move to impede "judicial loopholes" posed by suicide, citing several economic suspects' escape from justice through taking their own life.

Ex-NDRC director Liu Tienan admits to graft.

Former Senior Official In China Pleads Guilty To Corruption Charges

Christl Leong |

Sep 24, 2014 01:06 PM EDT

A former senior official in China on Wednesday pleaded guilty to bribery charges even as he called for reforms to dilute powers granted to government officials.

China Nabs 88 Fugitives in International 'Fox Hunt'

Kat De Guzman |

Sep 22, 2014 04:50 AM EDT

According to The Ministry of Public Security, 88 fugitives were nabbed by Chinese officials on Saturday following months of being hunted for allegedly taking part in economic-related crimes.

France's Wine, Spirits Export the Latest Victim of China's Corruption Crackdown

Ren Benavidez |

Sep 10, 2014 11:48 AM EDT

China's strict enforcement of its anti-extravagance law has greatly affected France's wine and spirit industry as exports dipped by more than 7 percent during the first semester of 2014, a trade body reported on Tuesday.

China's Anti-Corruption Campaign Faces Setbacks As Economic Fugitives Abroad Cannot Be Extradited

Desiree Sison |

Aug 28, 2014 09:34 AM EDT

China's long arm of the law apparently has not reached the economic fugitives abroad because of absence of extradition treaty

China Continues Anti-Corruption With Audit of Local Government Land Sales

Mia Lindog |

Aug 17, 2014 03:31 AM EDT

China is looking to hold a nationwide audit of government land sales and related deals as part of President Xi Jinping's anti-corruption drive, according to a Reuters reports.

China’s Anti-corruption Campaign Targets ‘Dragons’ Of Shanghai

Erika Villanueva |

Aug 01, 2014 08:59 AM EDT

China’s massive anti-corruption campaign is now looking into ensnaring the ‘dragons’ of Shanghai after cleaning up its ranks in Beijing as ‘tigers’ have undergone disciplinary actions from the party under President Xi Jinping’s leadership.

Zhou Yongkang: From Humble Beginnings To Wealthiest China's Communist Party Official

Jasmine Solana |

Jul 30, 2014 11:10 AM EDT

Zhou Yongkang went from humble beginnings to become one of China’s top politicians – until he fell from grace.

Xi Pushes For Economic Reform Amid Fears Of Economic Slowdown Caused By Anti-Corruption Campaign

Christl Leong |

Jul 30, 2014 10:34 AM EDT

Chinese President Xi Jinping urged officials on Tuesday to focus efforts on greater economic reform and innovation amid concerns of a slowing economy caused by China's corruption crackdown.

Xi Jinping Stands Firm on ‘Big Tiger Crackdown’ in China

J.Sol |

Jul 30, 2014 07:46 AM EDT

Chinese President Xi Jinping is not backing down on his campaign to rid China of its corrupt officials.

CPC: Plans for Anti-Corruption System are Laid Out

Erika Villanueva |

Jul 04, 2014 06:22 AM EDT

A practical and efficient anti-graft system is set to be established as part of completing a new plan for corrective inspection reform in 2017, the Communist Party of China (CPC) as announced at a meeting.