China launches new round of graft busting in finance sector | Malay Mail

BEIJING, Oct 12 — China’s ruling Community Party turned its sights on the country’s vast financial sector this month, kicking off a new round of a years-long campaign to uncover corruption and illegal dealings.

CCDI inspectors will be looking for any violation of political discipline — a Party euphemism for corruption. The campaign has been focused on preventing “savage growth” of some platform companies in a bid to deal with their monopolistic and unfair competition behaviours. When the sector was last inspected in 2015, at least a few hundred bankers and executives were censured and even fired. Offences included organising prohibited internal banquets and accepting holidays from clients.

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Beijing issues guidelines to reform and rectify China’s entertainment industry | Malay MailKUALA LUMPUR, Oct 12 — The Chinese State Administration of Radio Film and Television has issued guidelines to reform and rectify the entertainment industry in the next five years.  Global Times reported that the move includes providing support for celebrities who show their love for the...
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