Hu Huaibang, the former chairman of China Development Bank, was sentenced to life imprisonment earlier this year for accepting bribes totalling 85 million yuan (US$13 million). Photo: Weibo Hu Huaibang, the former chairman of China Development Bank, was sentenced to life imprisonment earlier this year for accepting bribes totalling 85 million yuan (US$13 million). Photo: Weibo
Hu Huaibang, the former chairman of China Development Bank, was sentenced to life imprisonment earlier this year for accepting bribes totalling 85 million yuan (US$13 million). Photo: Weibo
Zhou Xin
Opinion

Opinion

Zhou Xin

China’s raid on its Wall Street to keep many bankers awake at night as Beijing probes top institutions

  • Disciplinary watchdog will send inspectors into China’s top 25 financial institutions in the coming weeks to look for signs of corruption, negligence and disloyalty
  • Former China Huarong Asset Management chairman Lai Xiaomin was executed earlier this year after he was convicted of corruption in a case involving 1.8 billion yuan (US$278 million)

Hu Huaibang, the former chairman of China Development Bank, was sentenced to life imprisonment earlier this year for accepting bribes totalling 85 million yuan (US$13 million). Photo: Weibo Hu Huaibang, the former chairman of China Development Bank, was sentenced to life imprisonment earlier this year for accepting bribes totalling 85 million yuan (US$13 million). Photo: Weibo
Hu Huaibang, the former chairman of China Development Bank, was sentenced to life imprisonment earlier this year for accepting bribes totalling 85 million yuan (US$13 million). Photo: Weibo
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