Ex-Deputy Governor of Guizhou Accused of Reckless Debt Borrowing

What’s new: Li Zaiyong, a former vice governor of southwestern China’s Guizhou province, was expelled from the Communist Party and from public office amid allegations of corruption, the country’s top graft buster said Tuesday.

Facing criminal charges, Li is accused of “recklessly violating regulations to raise funds through debt, causing significant risks,” according to a statement by the Central Commission for Discipline Inspection (CCDI).