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Fan Yifei, a disgraced former Chinese central banker, has admitted making a “huge mistake” in comments aired as part of a documentary by state broadcaster CCTV that alleges he accepted massive bribes from the beginning of his tenure.
By Michelle Toh and Hassan Tayir, CNN
By Juliana Liu and Wayne Chang, CNN
Chinese leader Xi Jinping has vowed to go after “flies and ants” as part of an intensifying anti-corruption campaign that will target industries such as finance, energy and infrastructure.
The former chief of one of China’s most influential state-run enterprises has been kicked out of the Chinese Communist Party, according to state-run media.