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Allen T Cheng
Chinese Step Up Antigraft Drive Despite Impact on Consumption
With the arrest of Zhou, President Xi signals a renewed push against corruption that analysts say could bolster economy in long run.
Allen T Cheng December 17, 2025
Images Of Petrochina Co. And Former Executives As China Probes State-Assets Head Jiang Jiemin with Widening Anti-Graft Campaign

FILE PHOTO: Zhou Yongkang, member of the Standing Committee of the Political Bureau of the Chinese Communist Party (CCP) Central Committee, attends the second plenary session of China's 11th National People's Congress (NPC) in Beijing, China, on Saturday, March 8, 2008. Chinaís corruption watchdog opened a probe into Jiang Jiemin, head of the State-Owned Assets Supervision and Administration Commission and former chairman of China National Petroleum Corp. (CNPC), pursuing the highest profile official since Xi Jinping took over the Communist Party last year with a pledge to fight graft. On Aug. 30, the South China Morning Post reported that Zhou Yongkang, a CNPC general manager in the 1990s who was a member of the Politburo Standing Committee until last year, is also being investigated. Photographer: Nelson Ching/Bloomberg *** Local Caption *** Zhou Yongkang

NELSON CHING/BLOOMBERG

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