The nation’s top anti-corruption official, Wang Zhenchuan, describes fast-moving legal developments that turned party policy into state law, expanded rules on bribery schemes to include mistresses, and ended the life of a former drug czar.
China’s judicial authorities took another welcome stab at corruption by expanding the legal boundaries of bribery to include the mistresses of government officials.
Beijing’s policy bank has spent a decade with private equity-style funds, weathering storms with a Sino-Swiss fund and reaping rewards from its top-performing ASEAN fund.
Combining market principles with a desire to promote progress in Africa, the Beijing government’s China Development Bank has patterned its huge China-Africa Development Fund after private equity funds.
A debate over shareholder rights is forcing a closer look at the government’s system for disposing assets of ailing securities firms, 30 of which have been targeted by regulators since 2004.
The central government has conducted a major inspection of local efforts to meet energy efficiency and emissions targets. The results were disappointing. Will plans to further tighten controls be effective?
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