This story was actually breaking while I was in China just a few weeks back. More than 100 investigators are currently on task in Shanghai delving into the scandal surrounding ousted, Chen Liangyu, Shanghai's ranking Communist party official. At issue are suspected missapropriations from China's $670 pension fund to make illegal loans and investments. Scandal? For sure? Politics as usual? Why yes indeed. Read on in this Independent article to find out how all this fits into President Hu Jintao attempts to consolidate power.

-- MDT

Labels: China