Chinese investigators hauled away six-truck loads of gold, calligraphy works, and antiques from a secret stash. The valuables, worth 83.7 billion yuan (about $13.4 billion), was just one portion of the illegitimate wealth that Ling Jihua accumulated. Ling was a top aide to Hu Jintao, when Hu headed the Chinese Communist Party.
Taiwanese businessmen working in China are feeling the heat of the ongoing anti-corruption campaign and are looking to get out of China. What had been a favorable business environment has rapidly changed, as the high-ranking Party officials who looked after their businesses have been purged, according to freelance Taiwanese writer Hong Boxue in his article published on the independent news website Taiwan People News on Jan. 10.
In a press conference the head of the Chinese regime’s corruption watchdog agency announced his organization’s accomplishments in 2014 and provided updates on ongoing investigations.