Bo Axed After China Government Probe, March 15

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March 15 (Bloomberg) -- Bo Xilai has been replaced as party secretary of Chongqing Municipality, the official Xinhua News Agency reported, after one of his top lieutenants spent the night in a U.S. consulate last month. Zhang Dejiang, a North Korean-educated member of China’s ruling Politburo, will replace Bo as the head of Chongqing. The replacement comes after Bo’s former police chief, Wang Lijun, went to the U.S. consulate last month in Chengdu, prompting speculation that he was seeking asylum. Stephen Engle reports from Beijing on Bloomberg Television's "On the Move Asia" with Rishaad Salamat. (Source: Bloomberg)

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