20172024 Wang Qishan

Wang Qishan, China's graft buster and President Xi Jinping's right-hand man, was not re-elected to the Communist Party's Central Committee on Oct. 24. (Photo by Akira Kodaka)

China's anti-graft chief Wang Qishan 'retires' from key party body

Xi Jinping and Li Keqiang are the only top leaders left standing

BEIJING -- Chinese corruption buster Wang Qishan, long the right-hand man to President Xi Jinping, on Tuesday was not re-elected to the Communist Party's Central Committee.

At 69, Wang has passed the unofficial retirement age for party officials -- 68. But there is also speculation that his fortunes were affected by allegations leveled by exiled tycoon Guo Wengui. The fugitive businessman has accused Wang of owning a large stake in HNA Group, a conglomerate whose opaque ownership has fueled controversy.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.