Anti-corruption drive spares major state-run monopolies, yangqis
Special to WorldTribune.com By Willy Lam, East-Asia-Intel.com The high-profile detention last week of Jiang Jiemin, former president of one of China’s largest state-owned conglomerates, the China National Petroleum Corporation (CNPC), means that President Xi Jinping is really serious about fighting corruption. There is, however, no evidence that the crackdown on the monkey businesses of the […]