
What’s new: The top executive of China’s largest state-owned aviation fuel supplier has been put under investigation by graft busters after the company struggled with sliding business and a failed public listing.
Zhou Qiang, chairman and Communist Party chief of China National Aviation Fuel Group Ltd. (CNAF), is being investigated on suspicion of serious violations of discipline and law,” the party’s Central Commission for Discipline Inspection said Sunday. The phrase often refers to corruption.