CHINA-LEADERSHIP: XI JINPING CAUTIONS POLITBURO GROUP STUDY SESSION THAT CORRUPTION REMAINS SEVERE AND COMPLICATED

Reporting on the meeting of the Politburo's Group Study Session held in Beijing on June 17, the state-owned CCTV quoted Chinese President Xi Jinping saying corruption in the country remains severe and complicated even though progress has been made in the battle against graft. He said its “stubbornness and danger” cannot be underestimated. Xi Jinping also vowed 'zero tolerance' on corruption and asked senior government officials to keep themselves and their family and relatives in check. He called for senior cadres to adhere to a moderate and clean relationship between the government and business community. The official Xinhua News Agency, in a potential sign of relief for the $59 trillion sector, said the Politburo declared its anti-corruption dragnet of financial institutions a success and that the Central Discipline Inspection Commission’s probes had helped strengthen the party’s leadership over the financial sector and prevented risks. It also disclosed that Liu Meipin, Director of the Case Supervision and Management Office of the Central Commission for Discipline Inspection and the State Supervision and Administration Commission, briefed the Politburo and made recommendations.





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