China's SASAC Director Jiang Jiemin

China's SASAC Director Jiang Jiemin

Daniel J. Groshong/Bloomberg

Jiang Jiemin, director of China’s State-Owned Assets Supervision and Administration Commission, is under investigation for alleged “serious disciplinary violations,” the Ministry of Supervision said Sept. 1. Jiang is also the former chairman of China National Petroleum Corp., the country’s biggest oil producer.