Jun 21, 2023 08:04 PM

FINANCE

Watchdog Slams Rampant Graft at China Development Bank

By Zhang Yukun and Zhang Yuzhe

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What’s new: China’s top graft-busting watchdog has given a damning assessment of corruption in the country’s biggest policy lender, the China Development Bank (CDB).

In a recent article on its website, the Central Commission for Discipline Inspection (CCDI) said it had held a special conference on Communist Party governance with the CDB’s party committee to review and analyze corruption cases at the policy lender over the past decade.

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