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China Probes Tech, Industry Minister for Alleged Violations

  • Xiao Yaqing was investigated on suspicion of violation of law
  • Xiao was President of Chinalco when bought stake in Rio Tinto
Xiao Yaqing

Xiao Yaqing

Photographer: Qilai Shen/Bloomberg
Updated on

Chinese authorities are investigating the Minister of Industry and Information Technology Xiao Yaqing on suspicion of disciplinary violations, making him the most senior sitting cabinet official to be ensnared in a disciplinary probe in almost four years.

The case was a “violation of discipline and law,” the country’s top anti-graft agency said in a statement Thursday, avoiding the common phrasing “serious violation of discipline and law.” The regulators didn’t offer further details on the alleged crimes by Xiao, whose ministry spearheads China’s efforts to build technologies from semiconductors to aviation, and supports the nation’s most promising startups in areas from chipmaking to bio-tech.