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Former Chinese State Oil Boss Convicted of Corruption

Chinese state media say a top official who led the country's biggest petroleum company and later was assigned to oversee state-owned firms has been convicted of corruption and sentenced to 16 years in prison. State broadcaster CCTV said Jiang Jiemin, former chairman of the state-run China National Petroleum Corp., told the court that he would not appeal Monday's verdict. Jiang was tried in April on charges of corruption and abuse of power. The state oil company has been a...

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