Two senior officials at CSIC arrested

Two senior officials at CSIC arrested

Two senior officials at state-run shipbuilding conglomerate China Shipbuilding Industry Corporation (CSIC) have been arrested by authorities for illegal activities.

Jin Tao, director of CSIC No.712 Institute and Bu Jianjie, director of CSIC No. 718 Institute, have both been arrested for a series of corruption charges including taking bribes and embezzlement.

CSIC No.712 Institute is involved in the research and development of electric propulsion systems and CSIC No. 718 Institute mainly produces chemical and alternative energy equipment.

In June, the general manager of CSIC, Sun Bo, was arrested by authorities for serious violation of party disciplinary rules and law.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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