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China probes top exec at state investment firm for corruption

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Beijing (AFP) June 9, 2024
A top executive at a major Chinese state-backed investment company is under investigation for corruption, the government's anti-corruption body said Sunday, as an unrelenting crackdown on graft sweeps through the finance sector. Xu Zuo, vice president at China Citic Group, is "suspected of serious disciplinary and legal violations", the Communist Party's Central Commission for Discipline Ins