China In 3 Minutes | July 28: Zhou Yongkang among Communist Party's 'negative examples'; Shaolin Temple abbot snubs embezzlement rumours
China’s officials have been told by the Communist Party to draw lessons from the ignominy of senior officials indicted for corruption
Politics and policy
China’s officials have been told by the Communist Party to draw lessons from the ignominy of senior officials indicted for corruption, including ex-security tsar Zhou Yongkang, as a warning against misdeeds. Among those deemed by the party as “typical negative examples” were former Politburo member Bo Xilai and former presidential aide Ling Jihua. (Xinhua)
Social security authorities urged China’s companies to further implement paid leave for employees after a state-backed study found that only half of the firms provide that benefit. The study also found that many employees worry that taking paid leave would jeopardise their job performance evaluation. (Xinhua)
The China Securities Regulatory Commission (CSRC), the state regulator, has ordered law enforcement to inspect another two companies for signs of margin financing through unofficial channels during the recent market rout. (Xinhua)
Diplomacy
President Xi Jinping is among the world leaders scheduled to speak at the UN General Assembly’s General Debate that convenes in late September, marking the 70th anniversary of the founding of the global body. Attention will likely be focused on whether there will be arrangements for Japanese Prime Minister Shinzo Abe to meet Xi or South Korean President Park Geun-hye during the event amid growing signs of a thaw in relations strained by territorial and historical disputes. (AP)