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China’s top anti-graft watchdog has begun a two-month inspection of the country’s banking and insurance regulator, as part of a broader campaign to weed out corrupt Chinese Communist Party (CCP) officials in the financial sector. The Central Commission for Discipline Inspection (CCDI) is deploying teams to 25 financial institutions, including the central bank, stock exchanges, banks and asset-management firms, with orders to focus on their CCP committees. A statement issued late on Monday by the China Banking and Insurance Regulatory Commission, the first institution to come under scrutiny, said inspectors would look for violation of political discipline a party euphemism for ....
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