BEIJING — A former chairman of the state-owned bank China Everbright Group was jailed 12 years for embezzlement and bribery, official broadcaster CCTV said Tuesday.
Ex-chairman of state-owned bank China Everbright Group jailed for 12 years for corruption
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The Standing Committee of the National People’s Congress, the country’s legislature, passed the new policy Friday after a sudden announcement earlier in the week that it was reviewing the measure, state broadcaster CCTV announced.
China is raising retirement age, now among the youngest in the world's major economies
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