Move 'reflects enhanced crackdown on corruption in monopoly sectors'

Authorities are investigating the head of the State assets regulator for "serious discipline violations", the top discipline watchdog said on Sunday.

Jiang Jiemin, chairman of the State-owned Assets Supervision and Administration Commission, or SASAC, is being probed for "grave discipline violations", a term that generally refers to corruption, according to a statement by the Central Commission for Discipline Inspection, the Communist Party of China's graft-fighting watchdog.