fredag 1. januar 2016

China Telecom boss Chang Xiaobing quits amid corruption crackdown

The boss of one of China’s biggest companies has become the latest target of President Xi Jinping’s crackdown on corruption. Chang Xiaobing quit as chairman and chief executive of China Telecom after hisdetention by Beijing authorities this week for “severe disciplinary violations”. The state-owned company told the Hong Kong stock exchange Chang had quit in relation to the investigation. Read more