- Former China Development Bank president Ouyang Weimin is under investigation by China’s top anti-graft bodies for “serious violations” of party discipline and the law.
- A career banker and CCP member since 1986, Ouyang served as Guangdong vice‑governor and led the state-backed development bank from 2019 until stepping down in 2023.
- The probe comes amid President Xi Jinping’s long-running anti-corruption campaign, which has targeted many officials and remains a frequent topic of debate.
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