Head of Construction Firm Ensnared in Chengdu Scandal
The scandal involving a former Chengdu mayor has spread to the business sector, as Zhang Jun, chairman of state-owned Chengdu Jiangong Group (CDJG), is being investigated by Communist Party discipline officials.
Zhang has not been seen in public since December 31, spurring several local banks to start checking loans they made to his company.
The investigation into Zhang is related to Li Chuncheng, the former mayor of Chengdu and an alternate to the party's 18th Central Committee, sources close to the matter said.
- Tour Bus Crash
- Surprise Exercise
- Two-Thirds of Provinces Say They Missed GDP Growth Targets in 2014
- Gov't Digs Into Soil Pollution Problem with Proposal for New Standards
- Little Denmark Has Big Currency Question
- Views: Social Media Update
- Why Controversy Plays Starring Role in China's TV, Film Censorship
- The Week in Photos: January 17 – 23
- Hangzhou Flash Mob
- Graphics: Spending on Luxury Goods in 2014
- Sign up to receive our free daily newsletter
- Samsung Loses Connection with Chinese Consumers in 2014
- Scandal-Hit GlaxoSmithKline 'to Lay Off 1,000 Employees in China'
- Mao's Winding Road to Socialism
- China Boots Up an Internet Banking Industry
- Caught in Rising China's Centrifuge
- Gov't Had Reservations about Selling Stake in Citic Ltd. to Foreigners
- Downfall of Party Internet Policeman 'Helped Lead to National Cleanup Campaign'
- Embattled Founder Securities 'Cannot Reach Its Chairman'
- Provincial, Regional Gov'ts Prepare for a More Frugal Future
- Banks Trying Direct Route to Online Future