President Xi Jinping and Communist Party Central Committee

anti-corruption: The anti-corruption drive should not be relaxed in 2016 Xi said, according to Deutsche Welle. Deemed China fourth largest Internet P2P lender by Beijing-based business magazine Caixin, Ezubao offered investors between nine to 14.6 percent annual return on their investments. DW recommends China anti-corruption campaign gaining ground, says President XiThe Communist Party Central Committee under President Xi Jinping remains determined to fight corruption, the state news agency Xinhua has reported. However, 95 percent of Ezubao projects "were fake," a former executive told investigators. State-media reported that two company executives confessed that the projects aimed at defrauding investors. "Ezubao is a typical Ponzi scam," said Zhang Min, president of Yucheng Group, which launched Ezubao in July 2014, reported Xinhua news agency. Dozens of protesters demonstrated in front of the company Beijing office demanding that their money be returned. (news.financializer.com). As reported in the news.

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