SHANGHAI: China’s ruling Com-munist Party has expelled the nation’s former top insurance regulator and the head of the finance ministry’s anti-graft committee after an anti-corruption watchdog said investigations found serious violations of party discipline.
In a statement on its website yesterday, the Central Commission for Discipline Inspection said an investigation had determined that Xiang Junbo, former chairman of the China Insurance Regulatory Com-mission, had “committed serious violations of political discipline and rules” in order to serve personal political interests.
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