China Purges Top Executives in Finance, Nuclear, Petrochemicals, Real Estate, and Infrastructure

China Purges Top Executives in Finance, Nuclear, Petrochemicals, Real Estate, and Infrastructure
The logo of the Aviation Industry Corporation of China (AVIC) is seen during the International Paris Air Show in Le Bourget, on June 25, 2017. Eric Piermont/AFP via Getty Images
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With China’s Communist Party leader Xi Jinping now in his third term, his anti-graft probes are continuing—with millions of cases investigated since he took power in 2012.

Recently, Beijing’s anti-corruption organs announced the investigation of multiple top officials from state-owned enterprises in finance as well as industries such as nuclear, petrochemicals, shipbuilding, and property development.