China’s 'Corruption Crackdown' Nabs State Oil Chief

Chinese President Xi Jinping’s ongoing “corruption” crackdown has now nabbed a major state oil corporation senior official. PetroChina Company Limited Vice President Bo Qiliang has been removed from his position and detained by authorities, who have prevented him from leaving the country. Bo’s secretary has also been held in the probe. Bo, who headed overseas operations for PetroChina, a subsidiary of CNPC, the China National Petroleum Corporation, is reported by the...

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