News Snapshot:
BEIJING (Reuters) - China's top graft buster said on Tuesday that it had opened a probe into a former vice president of China Orient Asset Management Co, the latest in a series of investigations into top officials at state-run companies managing bad debt. Hu Xiaogang, who became vice-president of China Great Wall Asset Management Co after leaving China Orient in 2018, is under investigation by the Central Commission for Discipline Inspection (CCDI) for suspected "severe discipline and law violations", a euphemism for graft. Hu, 57, had worked at China Orient for nearly two decades, having previously been with state-owned Bank...
