Xiang Junbo, the disgraced former chairman of the China Insurance Regulatory Commission, pleads guilty in court in Jiangsu province to taking bribes totalling US$3 million. Photo: People’s Daily

China’s disgraced insurance regulator pleads guilty to taking US$3 million in bribes

Xiang Junbo, the former head of now defunct China Insurance Regulatory Commission, is highest-ranking finance official snared in President Xi Jinping’s crackdown on graft in the financial industry

Topic |   Corruption in China

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Xiang Junbo, the disgraced former chairman of the China Insurance Regulatory Commission, pleads guilty in court in Jiangsu province to taking bribes totalling US$3 million. Photo: People’s Daily
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