Former deputy PBOC governor charged with bribery
Authorities have charged China's former deputy central bank governor, Fan Yifei, with bribery, Xinhua News Agency reported on Wednesday. Fan abused his positions at China Construction Bank, China Investment Corp. and People's Bank of China to benefit others in exchange for a "particularly large amount" of bribes, Xinhua reported. In June, Fan was expelled from the Communist Party and removed from his central bank post for serious violations of discipline and the law, state media reported. (Reuters)