China probes official of state-owned insurance firm for graft


BEIJING (Reuters) - China is investigating an executive at the China Export and Credit Insurance Corporation for graft, the ruling Communist Party's corruption watchdog said on Sunday, making him the latest target of a widening corruption crackdown.

Dai Chunning, a vice president at the company, which is also called Sinosure, is "suspected of serious discipline violations", the Central Commission for Discipline Inspection (CCDI) said on its website.

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