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Asie Monde

PICC chief under investigation for corruption

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Following a series of inquiries and arrests made in recent years, yet another high-ranking insurance official is under investigation by China’s top anti-corruption watchdog. Liu Hong, Communist Party secretary and president of the People’s Insurance Company of China (PICC), is being investigated by a team composed of members of China’s Central Commission for Discipline Inspection and the National Supervisory Commission, China Daily reported. (Suite).