20 h. ago Scam and corruption cases spark debate in China over cryptocurrencies’ future

The seizure of enormous cryptocurrency caches in two high-profile criminal cases in China – a former head of the central bank’s digital currency research institute accused of corruption, and an alleged scam centre kingpin linked to about US$15 billion in bitcoin – have sparked questions in the country about the safety and future of virtual money. But analysts said the long-term trend for the assets, especially bitcoin, depended on institutional capital, interest rate expectations and the...

Politics

63 h. ago How Chinese corruption busters are tracking down bribes paid in cryptocurrency

Beijing has revealed how its graft busters are investigating bribes paid in hard-to-trace cryptocurrencies by tracking the ways in which corrupt officials have been spending the proceeds. A documentary shown on state broadcaster CCTV on Wednesday highlighted the case of Yao Qian, the former director of the digital currency institute at the People’s Bank of China. Investigators became suspicious when Yao bought a villa in Beijing for more than 20 million yuan (around US$2.9 million) under the...

Politics

5 d. ago China’s fight against corruption is a battle we can’t afford to lose, Xi Jinping warns

Chinese President Xi Jinping has said there must be no room for corrupt elements to hide as he warned that the problem was a threat to the country’s development. On Monday, he told a plenary session of the Central Commission for Discipline Inspection (CCDI) – China’s top anti-corruption body – that the country had made notable progress last year, but the issue remained a “major struggle”. “Corruption is a stumbling block and obstacle to the development of the [Communist] party and the country,...

Events

5 d. ago China’s fight against corruption is a battle we can’t afford to lose, Xi says

China’s fight against corruption is a battle we can’t afford to lose, Xi says  South China Morning Post

Events

5 d. ago Xi Pledges to Maintain Corruption Fight in China, Xinhua Says

Xi Pledges to Maintain Corruption Fight in China, Xinhua Says  Bloomberg.com

Politics

5 d. ago Xi stresses the need to win the fight against corruption in China

Xi stresses the need to win the fight against corruption in China  Reuters

Politics

1 week ago How China’s history links military strength to fighting corruption

For China’s leadership, the most urgent lesson of modern military power comes not from a foreign manual but from its own history books. Its catastrophic defeat by Japan in 1895, born of internal corruption, forms the invisible backdrop to every Chinese showcase of modern hardware. The recent live-fire drill around Taiwan code-named Justice Mission 2025 – a forceful display of Beijing’s resolve to achieve reunification and deter any challenge to its core interests – was no exception. To Beijing,...

Events

1 week ago Opinion | How China’s history links military strength to fighting corruption

Opinion | How China’s history links military strength to fighting corruption  South China Morning Post

Events

1 week ago As China continues chase for corrupt ‘tigers’, State Council veteran is put under probe

Tian Xuebin, a veteran of China’s State Council who worked under several former Chinese premiers, has been placed under a probe by the Communist Party’s top anti-graft agency. The Central Commission for Discipline Inspection (CCDI), China’s top political disciplinary and anti-corruption agency, on Monday announced the detention of Tian, 62 – who last served as vice-minister of water resources before stepping down in December 2023 – for “suspected serious violations of discipline and law”, a...

Politics

1 week ago China continued hunt for corrupt ‘tigers’ snares State Council veteran

Tian Xuebin, a State Council veteran who worked under several former premiers, has been placed under investigation by the top anti-corruption agency of China’s ruling Communist Party. The Central Commission for Discipline Inspection (CCDI), China’s highest political disciplinary and anti-corruption agency, announced on Monday that Tian, 62, had been detained for “suspected serious violations of discipline and law”, a euphemism for corruption. He last served as vice-minister of water resources...

Politics

1 week ago China’s continued hunt for corrupt ‘tigers’ snares State Council veteran

China’s continued hunt for corrupt ‘tigers’ snares State Council veteran  South China Morning Post

Politics

2 w. ago We must not give corrupt officials any hiding place, Xi Jinping tells cadres

President Xi Jinping has sent a new warning to Chinese cadres – “no one should harbour any illusions” that they can get away with corruption as there will be no let-up in the long-running anti-graft campaign. He told officials at a key political meeting in October there would be no place for the corrupt to hide, according to excerpts from his speech released on Wednesday. “[We must] maintain a high-pressure stance against corruption at all times, investigate and punish corruption cases according...

Politics

2 w. ago Corruption, Cashiering, Continued Progress: New China Military Power Report Probes PLA Leadership and Organizational Trends | Andrew S. Erickson

Corruption, Cashiering, Continued Progress: New China Military Power Report Probes PLA Leadership and Organizational Trends | Andrew S. Erickson  Andrew S. Erickson

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2 w. ago Philippines in 2025: a year of crisis, from corruption scandal to South China Sea tensions

As the Philippines wraps up a tumultuous year punctuated by colourful barbs thrown across warring political houses, an ongoing corruption scandal surrounding flood control projects threatens to derail President Ferdinand Marcos Jnr’s administration. Externally, Manila has been embroiled all year in a long-standing territorial row with Beijing in the South China Sea that shows no signs of waning, while also gearing up for the hot seat as next year’s chair of the Association of Southeast Asian...

Events

3 w. ago Former China Life president expelled from Communist Party after corruption probe

Former China Life president expelled from Communist Party after corruption probe  Reuters

Politics

3 w. ago China vows to keep up the fight after record number of ‘tigers’ caught in corruption net

China’s ruling Communist Party has vowed to keep up efforts to fight corruption next year after a record 63 high-ranking officials – known as “tigers” – were placed under investigation on suspicion of graft in 2025. During a meeting on Thursday, top decision-making body the Politburo also discussed a plan to improve conduct within the party, strengthen integrity and combat graft, official news agency Xinhua reported. It said officials at the meeting had agreed to “resolutely push forward the...

Events

3 w. ago China vows to keep up the fight after record ‘tigers’ caught in corruption net

China vows to keep up the fight after record ‘tigers’ caught in corruption net  South China Morning Post

Events

3 w. ago China axes 8 from top advisory body CPPCC, including 4 defence firm chiefs

Four former defence company bosses have been sacked by China’s top political advisory body amid an ongoing anti-corruption campaign in the military and related sectors. They are among eight members removed from the Chinese People’s Political Consultative Conference (CPPCC) under a decision passed by the body’s National Committee in Beijing on Wednesday, according to state news agency Xinhua. Revocation of CPPCC membership – rather than resignation – typically signals suspicions of serious...

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