WorldNews Posted April 19, 2016 Share Posted April 19, 2016 China's ruling Communist Party will widen a pilot anti-graft scheme to four more regions beyond the business hub of Shanghai as it seeks to rein in business activities by the families of senior government officials. Rules announced last May bar spouses and children of senior officials in Shanghai from registering individual businesses or partnerships, investing in non-listed enterprises or registering a business overseas and doing business back in China. Spouses of senior officials in Shanghai are also banned from holding top positions in private companies or senior appointed positions in foreign-invested enterprises. Continue reading... Quote Link to comment Share on other sites More sharing options...
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