July 29 (Bloomberg) -- China’s ruling Communist Party put Zhou Yongkang, the former head of its security apparatus, under investigation for corruption in the highest-level probe since coming to power more than 60 years ago.
Zhou is being investigated for serious violation of discipline, the official Xinhua News Agency reported, after months of speculation in Chinese and foreign media following the arrest of his relatives and many of his associates in business and government.
Today’s move represents a tightening grip on power by China’s President and Communist Party leader Xi Jinping, following his appointment as military chief and head of national security and economic-reform panels.
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