News / Asia

    China Sacks State Enterprise Official

    Jiang Jiemin, president of PetroChina Ltd, speaks during an announcement of the company's results in Hong Kong, (File photo).
    Jiang Jiemin, president of PetroChina Ltd, speaks during an announcement of the company's results in Hong Kong, (File photo).
    Chinese authorities have fired a high-ranking economic official in what appears to be part of a widening of the country’s crackdown on corruption.  Political analysts said the firing of Jiang Jiemin, who used to head up an official body that oversees China's state-owned enterprises, is also part of an effort by authorities to gain more control of state backed companies. 
     
    China’s Xinhua news agency said Jiang Jiemin was removed from his post as head of the State-owned Assets Supervision and Administration Commission because of suspected serious disciplinary violations, a phrase commonly used to describe corruption.
     
    The decision comes just two days after authorities announced Jiang was the target of an investigation.  It also comes amid a widening probe into four top executives at the state owned oil company China National Petroleum Corporation or CNPC.
     
    Jiang previously served as the chairman of CNPC and its subsidiary PetroChina.  Jiang has been gradually rising up within the ranks of China’s state-run oil industry over the past two decades.
     
    City University of Hong Kong political scientist Joseph Cheng said the decision to go after Jiang and other top oil executives is a sign the government is trying to reign in state owned companies as the government seeks to promote serous economic reforms.
     
    “The top officials of these very powerful state owned enterprises are more or less independent kingdoms, they are the targets, so these cases will create a sort of threatening affect, a deterrent effect, which hopefully will help the leadership to push through reform.  The reform probably is to reduce the privileges of the state sector," said Cheng.
     
    Beijing Institute of Technology Economics Professor Hu Xingdou said the investigation is a rare opportunity to promote economic reform of China’s state-owned enterprises.  China’s state-run companies have too much influence on China’s economy and are too big a source of corruption, he adds.
     
    “Li Keqiang [China's Premier] can definitely use Jiang Jiemin's investigation to push forward the reform of the state owned companies and break up state run monopolies.”
     
    Chinese President Xi Jinping has pledged to crack down on high and low ranking corrupt officials.  Some believe the investigation into Jiang is a sign that the anti-corruption drive is deepening and that other high-ranking officials could be next.
     
    Jiang Jiemin sits on the Communist Party’s Central Committee, a top group of more than 200 officials.  Jiang is the first on that committee to be investigated.
     
    There has been speculation in recent days that former public security chief Zhou Yongkang could be the next official targeted given the direction of the current investigation.  Zhou previously served as a CNPC official and was also an influential member of the so-called petroleum clique.

    You May Like

    In Britain, The Sun Still Doesn’t Shine

    Invoking Spitfires and Merlin, Leave voters insist country can be great again, following surprising 'Brexit' vote last week

    Double Wave of Suicide Bombings Puts Lebanon, Refugees on Edge

    Following suicide bombings in Christian town of Al-Qaa, on Lebanon's northeast border with Syria, fears of further bombings have risen

    US Senators Warned on Zika After Failing to Pass Funding

    Zika threats and challenges, as well as issues of contraception and vaccines, spelled out as lawmakers point fingers

    This forum has been closed.
    Comment Sorting
    Comments
         
    by: Wangchuk from: NYC
    September 06, 2013 10:19 AM
    Almost all senior Party officials at the Provincial, Local and National level are corrupt, including the members of the Politburo. When leading officials get sacked or prosecuted for corruption it's either b/c their corruption became too public that they embarrassed the CCP or they fell out of favor w/ the Central Party leadership. These corruption trials/charges will not end systemic corruption which is endemic to a one-party state.

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    Slow Rebuilding Amid Boko Haram Destruction in Nigeria’s Northeasti
    X
    June 29, 2016 6:15 PM
    Military operations have chased Boko Haram out of towns and cities in Nigeria’s northeast since early last year. But it is only recently that people have begun returning to their homes in Adamawa state, near the border with Cameroon, to try to rebuild their lives. For VOA, Chris Stein traveled to the area and has this report.
    Video

    Video Slow Rebuilding Amid Boko Haram Destruction in Nigeria’s Northeast

    Military operations have chased Boko Haram out of towns and cities in Nigeria’s northeast since early last year. But it is only recently that people have begun returning to their homes in Adamawa state, near the border with Cameroon, to try to rebuild their lives. For VOA, Chris Stein traveled to the area and has this report.
    Video

    Video Clinton Leads Trump, But Many Voters Don't Like Either

    In the U.S. presidential race, most recent polls show Democrat Hillary Clinton with a steady lead over Republican Donald Trump as both presumptive party nominees prepare for their party conventions next month. Trump’s disapproval ratings have risen in some recent surveys, but Clinton also suffers from high negative ratings, suggesting both candidates have a lot of work to do to improve their images before the November election. VOA National correspondent Jim Malone has more from Washington.
    Video

    Video New US Ambassador to Somalia Faces Heavy Challenges

    The new U.S. envoy to Somalia, who was sworn into office Monday, will be the first American ambassador to that nation in 25 years. He will take up his post as Somalia faces a number of crucial issues, including insecurity, an upcoming election, and the potential closure of the Dadaab refugee camp in Kenya. VOA’s Jill Craig asked Somalis living in Kenya’s capital city Nairobi how they feel about the U.S. finally installing a new ambassador.
    Video

    Video At National Zoo, Captivating Animal Sculptures Illustrate Tragedy of Ocean Pollution

    The National Zoo in Washington, D.C., is home to about 1,800 animals, representing 300 species. But throughout the summer, visitors can also see other kinds of creatures there. They are larger-than-life animal sculptures that speak volumes about a global issue — the massive plastic pollution in our oceans. VOA's June Soh takes us to the zoo's special exhibit, called Washed Ashore: Art to Save the Sea.
    Video

    Video Baghdad Bikers Defy War with a Roar

    Baghdad is a city of contradictions. War is a constant. Explosions and kidnappings are part of daily life. But the Iraqi capital remains a thriving city, even if a little beat up. VOA's Sharon Behn reports on how some in Baghdad are defying the stereotype of a nation at war by pursuing a lifestyle known for its iconic symbols of rebellion: motorbikes, leather jackets and roaring engines.
    Video

    Video Melting Pot of Immigrants Working to Restore US Capitol Dome

    The American Iron Works company is one of the firms working to renovate the iconic U.S. Capitol Dome. The company employs immigrants of many different cultural and national backgrounds. VOA’s Arman Tarjimanyan has more.
    Video

    Video Testing Bamboo as Building Material

    For thousands of years various species of bamboo - one of the world's most versatile plants - have been used for diverse purposes ranging from food and medicine to textiles and construction. But its use on a large scale is hampered because it's not manufactured to specific standards but grown in the ground. A University of Pittsburgh professor is on track to changing that. VOA’s George Putic reports.
    Video

    Video Orphanage in Iraqi City Houses Kids Who Lost their Parents to Attacks by IS

    An orphanage in Iraqi Kurdistan has become home to scores of Yazidi children who lost their parents after Islamic State militants took over Sinjar in Iraq’s Nineveh Province in 2014. Iraqi Kurdish forces backed by the U.S. airstrikes have since recaptured Sinjar but the need for the care provided by the orphanage continues. VOA’s Kawa Omar filed this report narrated by Rob Raffaele.
    Video

    Video Re-Opening Old Wounds in a Bullet-Riddled Cultural Landmark

    A cultural landmark before Lebanon’s civil war transformed it into a nest of snipers, Beirut’s ‘Yellow House’ is once again set to play a crucial role in the city.  Built in a neo-Ottoman style in the 1920s, in September it is set to be re-opened as a ‘memory museum’ - its bullet-riddled walls and bunkered positions overlooking the city’s notorious ‘Green Line’ maintained for posterity. John Owens reports from Beirut.
    Video

    Video Brexit Resounds in US Presidential Contest

    Britain’s decision to leave the European Union is resounding in America’s presidential race. As VOA’s Michael Bowman reports, Republican presumptive nominee Donald Trump sees Britain’s move as an affirmation of his campaign’s core messages, while Democrat Hillary Clinton sees the episode as further evidence that Trump is unfit to be president.
    Video

    Video NASA Juno Spacecraft, Nearing Jupiter, to Shed Light on Gas Giant

    After a five-year journey, the spacecraft Juno is nearing its destination, the giant planet Jupiter, where it will enter orbit and start sending data back July 4th. As Mike O'Sullivan reports from Pasadena, California, the craft will pierce the veil of Jupiter's dense cloud cover to reveal its mysteries.
    Video

    Video Orlando Shooting Changes Debate on Gun Control

    It’s been nearly two weeks since the largest mass shooting ever in the United States. Despite public calls for tighter gun control laws, Congress is at an impasse. Democratic lawmakers resorted to a 1960s civil rights tactic to portray their frustration. VOA’s Carolyn Presutti explains how the Orlando, Florida shooting is changing the debate.

    Special Report

    Adrift The Invisible African Diaspora