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Articles Archive for 7 August 2017

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[7 Aug 2017 | No Comment | ]

Xinhua Report in Global Times, Aug 5 at 16:28:25
Yao Zhongmin, former chairman of the board of supervisors at China Development Bank (CDB), has been sentenced to 14 years in prison for accepting bribes.
Yao was also fined 3.5 million yuan (about 520,000 US dollars). All his illegal profits will be turned over to the state treasury, according to the verdict issued on Friday by the Intermediate People’s Court of Baoding City in north China’s Hebei Province.
Yao had also served as deputy chief of the Communist Party of China (CPC) committee at …

Business, China »

[7 Aug 2017 | No Comment | ]

Report in Global Times, Aug 6, 2017 at 21:58:39
Tianjin has vowed to use all means to crack down on illegal pyramid schemes after a college graduate, who was reportedly hired by a pyramid scheme through a job site, was confirmed dead in Jinghai district in Tianjin, media reported on Sunday.
Zhao Fei, secretary of the Communist Party of China Tianjin Municipal Committee of Politics and Law, said in an urgent meeting that the city will launch a 20-day operation to crack down on illegal pyramid schemes, and it won’t rest until …

China »

[7 Aug 2017 | No Comment | ]

by Mimi Lau in South China Morning Post, Aug 7, 2017
China’s military mouthpiece said on Sunday that an addiction to online game Honour of Kings among some of its soldiers could hamper their ability to fight.
“The game has already infiltrated … the daily lives of some soldiers and officers, affecting [their] physical and psychological health on a certain level”, the People’s Liberation Army Daily article said.
“Over-addiction to mobile phone games is gradually harming the physical and psychological health of soldiers and officers. It even poses a threat to security management …