China’s Cadres Blocked From Spending Public Cash on Luxury

Lock
This article is for subscribers only.

China will bar government agencies from spending public money on luxury goods and lavish receptions as it combats corruption and burnishes its image ahead of a Communist Party leadership handover this year.

The new rules call for more supervision over spending on vehicles, receptions and trips abroad, which the public sees “as a major source of corruption and waste,” the state-run Xinhua News Agency said yesterdayBloomberg Terminal.