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Global Business News

The Economic Times

Global Business / The Economic Times

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China strips generals, ex-financial regulator, politburo member of lawmaker posts

China's top legislative body has removed six military lawmakers, including a key figure in the space program, and a former financial regulator from their posts. The dismissals, announced without stated reasons, are the latest in President Xi Jinping's sweeping anti-corruption drive. High-ranking generals overseeing equipment development, air force, and regional commands were among those stripped of their positions, signaling a significant shake-up within the People's Liberation Army.

27 Jun 2026 9:46 am