Former China Life president expelled from Communist Party after corruption probe
9 Articles
9 Articles
China’s record corruption crackdown
Beijing said a record 63 high-ranking officials were investigated for corruption in 2025. Chinese leader Xi Jinping has led a major crackdown on graft since 2013, focusing on what he called both “tigers and flies” — senior officials and grassroots civil servants. The 63rd and record-breaking “tiger” was arrested this week. The sweep has caught dozens of military and civilian figures, including members of the Politburo and the “ideology and perso…
Former China Life President Expelled After Corruption Probe
Key Highlights China’s top anti-graft body has expelled former China Life president Yang Chao from the Communist Party. Investigators found that Yang accepted bribes and abused his authority in recruitment and promotion decisions. The case adds to Beijing’s broader crackdown on corruption within state-owned financial institutions. China’s anti-corruption watchdog has expelled Yang Chao, the former president of state-owned insurer China Life Ins…
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