Former chairman of China Development Bank Hu Huaibang arrestedChristian Fernsby ▼ | February 13, 2020
Former China Development Bank chairman Hu Huaibang has been arrested for suspected serious violations of discipline, state broadcaster CCTV reported today.
Business in China Hu Huaibang
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He stepped down last September amid corruption allegations and has been investigated by country’s graft-busting agency since late July. Hu was expelled from the Communist Party for serious violations of discipline in January. ■