Saturday, October 31, 2020
Tags Chinese corruption

Tag: Chinese corruption

Beijing Wants Anti-corruption “Human Surveillance Cameras” in Big State-owned Banks

The Chinese central government hopes to permanently install anti-coruption teams in the country's biggest financial institutions to serve as "human surveillance cameras." Zhao Leiji, head...

Senior Chinese Banking Official Receives 16 Year Prison Sentence for Bribery

The former assistant chair of the erstwhile China Banking Regulatory Commission (CBRC) has received a 16 year sentence for receiving bribes, according to reports...

Ex-head of China’s Insurance Regulator Pleads Guilty to USD$3mn in Bribes

The disgraced head of China's erstwhile insurance regulator has pled guilty to accepting bribes, becoming the highest-ranking official to be felled by Beijing's crackdown...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...