BEIJING -- China has replaced more than three times as many top executives at state-owned companies so far this year as it did in the same period in 2023, signaling a growing push to stamp out corruption at what it considers some of the country's most critical businesses.
Business trends
China accelerates purge at state-owned companies to fight graft
From aerospace to telecom, Beijing tightens discipline in bid to boost competitiveness
China's state-owned companies are seeing more turnover among their top ranks, especially in the defense and aerospace sectors. © Reuters
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