Chinese officials are now investigating An Dewu, former senior executive of auto manufacturer FAW Group for “suspected serious violations of the law”, Reuters reported, citing state media. State-owned FAW has a joint venture with Volkswagen (VOW.ETR, VOW.FRA), one of two car-making ventures the German automaker has in China. The investigation into An’s affairs was announced several days after China’s corruption watchdog, the Central Commission for Discipline Inspection, said it was investigating another former and one current executive at the company for “seriously violating the law”. President Xi Jinping has said endemic corruption threatens the Communist Party’s continued survival.
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