Apr 12, 2015

Behind Xi's corruption crackdown

While Chinese President Xi Jinging's crackdown on corruption is boosting his popularity, it remains to be seen if he will change the system that allowed corruption to flourish in the first place.

Apr 12, 2015

China-led AIIB will be lean, clean and green, its chief says

The China-led Asian Infrastructure Investment Bank will be lean, clean and green, its interim chief has said, playing down concerns over transparency and standards governing the institution. The $50 billion bank, expected to start operations by the end of the year, is attracting a ...

Apr 12, 2015

China says U.S. backs its campaign to hunt down 'economic fugitives'

The United States has promised support for China’s campaign to hunt corrupt officials fleeing abroad, the official Xinhua News Agency reported after meetings between security officials from the world’s two largest economies. Talks last week between Chinese domestic security leaders Meng Jianzhu and Guo ...

Apr 1, 2015

China investigates diplomat suspected of taking bribes

Chinese authorities are investigating a diplomat working at the Chinese embassy in Paris for suspected bribe-taking, state news agency Xinhua has said. Xinhua identified the diplomat in a report late on Tuesday as Wu Xilin, the minister counselor for commercial affairs at the Paris ...

Mar 29, 2015

Brazil uncovers multibillion-dollar tax fraud

Dozens of Brazilian firms, including industrial companies and banks, are under investigation amid allegations they paid $5.9 billion in bribes to tax officials, police said Saturday. Brazil is already reeling from the biggest graft scandal the country has known, a $3.8 billion scam involving ...

Mar 26, 2015

China ex-police chief arrested for murder

A former Chinese regional police chief has been arrested on suspicion of murder, the country’s top prosecution agency said Thursday, the victim reportedly a girlfriend 35 years his junior. Zhao Liping, 63, headed the police in the northern region of Inner Mongolia for seven ...

Mar 25, 2015

China gives U.S. list of ex-officials suspected of graft

The Chinese government has provided a “priority” list to the United States of Chinese officials suspected of corruption and who are believed to have fled there, a top state-run newspaper said on Wednesday. Last year, Chinese officials said more than 150 “economic fugitives,” many ...

Brazilians call for Rousseff's impeachment

| Mar 17, 2015

Brazilians call for Rousseff's impeachment

Massive protests calling for the impeachment of President Dilma Rousseff have narrowed her options to fend off political and economic crises and will mean more turbulence for the nation in the months to come, but her ouster remains highly unlikely, analysts said Monday. Polls ...