China’s communist regime recently expelled a former executive regulator of small and medium-sized banks from the Chinese Communist Party (CCP). After a “fleeing resignation” from her official post, the anti-graft probe accused her of being a typical example of a “revolving door”—an official active in the fields of both politics and business, and aiming to profit from both.
Jiang Liming, a 61-year-old veteran in the financial regulatory sector, was accused of collusion, forgery, accepting bribes, and evading investigation.
On April 4, the Chinese anti-graft regulator announced Jiang’s alleged violation of laws and Party discipline, along with her alleged crimes of accepting bribes….