{"id":54452,"date":"2023-04-19T12:00:27","date_gmt":"2023-04-19T03:00:27","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2023\/apr\/19\/unsafe-at-the-top-chinas-anti-graft-drive-targets-billionaires-and-bankers"},"modified":"2023-04-19T12:00:27","modified_gmt":"2023-04-19T03:00:27","slug":"unsafe-at-the-top-chinas-anti-graft-drive-targets-billionaires-and-bankers","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=54452","title":{"rendered":"Unsafe at the top: China\u2019s anti-graft drive targets billionaires and bankers"},"content":{"rendered":"<p>Xi Jinping\u2019s popular anti-corruption purges show trend to prosecute \u2018tigers\u2019 over lower-ranking \u2018flies\u2019<\/p>\n<p>A moment of pity for the uber-wealthy. According to the Hurun Global Rich List, China has more billionaires than any other country. But it is also the place in which the monied must watch their back.<\/p>\n<p>On Friday, Fu Xiaodong, a former senior official at China Development Bank, was sentenced to 10 years in prison for accepting 4.3m yuan (\u00a3503,466) in bribes during his tenure between 2007 and 2020. Days earlier, the former director of the supreme people\u2019s court enforcement bureau was sentenced to 12 years in prison for accepting bribes worth 22.74m yuan (\u00a32.65m). Meng Xiao was found guilty of abusing his position for financial gain for more than a decade.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2023\/apr\/19\/unsafe-at-the-top-chinas-anti-graft-drive-targets-billionaires-and-bankers\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Xi Jinping\u2019s popular anti-corruption purges show trend to prosecute \u2018tigers\u2019 over lower-ranking \u2018flies\u2019A moment of pity for the uber-wealthy. According to the Hurun Global Rich List, China has more billionaires than any other country. But it is also th&#8230;<\/p>\n","protected":false},"author":3580,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,6,50,1886,42,49],"tags":[],"class_list":["post-54452","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business","category-china","category-the-super-rich","category-world-news","category-xi-jinping"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/54452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/3580"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54452"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/54452\/revisions"}],"predecessor-version":[{"id":54453,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/54452\/revisions\/54453"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}