September 3, 2013 / 2:15 AM / in 4 years

China sacks head of state asset regulator - Xinhua

BEIJING (Reuters) - China has sacked the head of its state assets regulator, former top energy executive Jiang Jiemin, the official Xinhua news agency said on Tuesday, two days after the agency reported Jiang was the subject of a corruption probe.

Chairman of PetroChina Jiang Jiemin releases the company's annual results at a news conference in Hong Kong in this March 19, 2008 file photo. REUTERS/Garrige Ho/Files

Jiang is “suspected of serious discipline violations”, state media said on Sunday, shorthand the government generally uses to describe graft.

Reporting by Ben Blanchard and Jonathan Standing; Editing by Paul Tait

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