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Senior Chinese financial regulator and ex-graft fighter Zhou Liang under corruption probe (www.scmp.com)

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A senior Chinese financial regulator and former graft fighter has been placed under investigation for corruption, officials announced on Tuesday, marking one of the highest-profile purges among China’s financial regulatory apparatus in recent years. Zhou Liang, vice-chairman of the National Financial Regulatory Administration (NFRA), is under investigation for “serious violations of discipline and law”, a euphemism for corruption, bribery and abuse of power, according to an announcement by the...

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