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Petty Official, Giant Greed: Former CSRC Division Chief Hoards 3 Tons of Cash, 300 Million Yuan

China

On August 15, former director of the Issuance Supervision Department IV of the China Securities Regulatory Commission (CSRC), Yang Jiaohong, was expelled from the Communist Party. Four days later, on August 19, mainland Chinese media revealed shocking details of his corruption: after his downfall, investigators discovered 200–300 million yuan (approx. 28–42 million USD) in cash at his home....

South Korean President to Miss September 3 Military Parade, EU Envoys Expected to Boycott

China

With just two weeks left until the Chinese Communist Party's September 3 military parade, there is growing interest in which world leaders will attend the ceremony in Beijing. On August 20, South Korean media revealed that President Lee Jae-myung will not be attending the parade. Additionally, EU envoys in China are likely to boycott the event due to the presence of Putin....

The Chinese Buddhist Association Has Strongly Criticised Shi Yongxin for Tarnishing the Buddhist Community, Prompting Netizens to Respond: 'Equally Corrupt'

China

The Chinese Buddhist Association published a statement today (August 19) that harshly criticises former Shaolin Temple abbot Shi Yongxin, accusing him of serious violations of Buddhist precepts and hindering the healthy transmission of Buddhism, stating that he has 'tarnished the reputation of the entire Buddhist community in the country.'...

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