BEIJING -- Chinese President Xi Jinping has been targeting former and sitting executives in the country's military-industrial complex, including those involved in the country's nuclear program and the development of aircraft carriers, under his anti-corruption campaign.
Last month, top anti-graft bodies for both the party and the state announced investigations into Yin Jiaxu, one-time chairman of China North Industries Group, and Liu Houcheng, an executive at China National Nuclear Corp. Both are suspected of engaging in "severe disciplinary and legal violations," the commonly used terminology denoting corruption.