China Life Insurance Chair Under State Anti-Graft Probe

China's top graft regulator has initiated an inspection of financial institutions, leading to over 20 officials being investigated or punished. The most senior official under investigation is from China Life. The company maintains normal operations and plans a board meeting to appoint an acting chairman. This inspection is part of President Xi Jinping's broader anti-corruption drive, which has previously targeted other sectors like public security. The financial sector is being scrutinized for the first time in six years, suggesting more names may emerge in the investigation.

What significant action did China's top graft regulator take in October?

• Began an inspection of financial institutions

• Launched a new financial policy

• Implemented a tax reform

• Announced a trade agreement

Who is the most senior official from China Life to be investigated?

• The Chairman

• The CEO

• The CFO

• The Vice President

What does the anti-graft crackdown suggest about the government's priorities?

• A focus on economic growth

• A shift towards environmental policies

• A reassessment of anti-corruption efforts

• An increase in military spending

Which sector is being investigated for the first time in six years?

• Agriculture

• Financial

• Education

• Healthcare

Apart from the financial sector, which other sector has been investigated?

• Tourism

• Public security

• Retail

• Technology