Wang Yongsheng, arrested six months ago, pleaded guilty to offering favors in exchange for illegal gains

Li Jianjiang has been tapped to serve as executive vice president of state-owned China Construction Bank, sources tell Caixin

Li Jiping, a retired China Development Bank executive vice president, is suspected of ‘serious violations of discipline and law’

CBD appointment comes after corruption scandal saw several high-ranking officials sent to prison for taking bribes

He Xingxiang found guilty of taking bribes, hiding offshore deposits, and illegally issuing loans and bank guarantees

China’s former central bank governor explains the dangers of the ‘debt trap’ narrative, the reasoning behind the Belt and Road Initiative, and issues that need to be addressed in its next phase

Wang Yongsheng, a former vice president at the CDB, is the latest among more than 30 senior and midlevel executives investigated for corruption

China Development Bank has been trying to sell CDB Leasing for years to refocus on core mission of infrastructure and key industry development

CCDI says it held a special conference with the lender’s Communist Party committee to discuss party governance and analyze what went wrong at the bank

Graft busters focus on Mao Juncai, former president of top policy lender’s Shanghai branch, adding to a long list of scandals

Ex-Vice President Zhou Qingyu detained by authorities after being ousted last year before scheduled retirement and disgorging funds from bribes

Liang Liang, deputy head of China Development Bank investment department, detained Sept. 27 in probe of links to convicted former CDB chairman

Ren Kai, vice president of state-backed semiconductor investment fund manager, joins a lengthening list of officials in graft busters’ dragnet

How the multibillion-dollar industrial incubator supported the government’s plan to make China a self-sufficient semiconductor powerhouse

Wave of detentions and probes of executives call into question the future of the largest chip investment fund and the domestic industry

Lu Jun, ex-chief of the firm that administered China’s biggest chip investment fund, is under investigation for ‘suspected severe violations of discipline and law’

The stimulus could in theory leverage as much as 1.2 trillion yuan in credit from the market, economists say

Shanghai records a new wave of Covid cases as BA.5 subvariant spreads. China Development Bank dismisses Zhou Qingyu as a vice president

Zhou Qingyu was set to retire in September from the state-owned bank where graft busters have nailed at least nine former senior executives