Caijing: SAFE Spokesman Falls in Investment Probe


No names were mentioned when the administrator of China’s State Administration of Foreign Exchange (), Hu Xiaolian, used an internal meeting in late March to call for further regulation of administrative power and improving supervision methods to combat corruption.

But the implication was obvious. Only one week earlier, authorities had launched a bribery investigation targeting Zou Lin, SAFE’s spokesman and chief of the General Affairs Department.

The charges against Zou, who was sacked as well, are linked to a series of bribery cases revolving around Guo Jingyi, a former Ministry of Commerce (MOFCOM) official detained by the Communist Party’s disciplinary agency last August for alleged bribery tied to a foreign investment project.

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