The executive deputy director of the Shanghai Free-trade Zone is suspected of disciplinary violations and expected to step down, South China Morning Post reported, citing unnamed sources. Dai Haibo, the de facto head of the free-trade zone, made an appearance on Friday, chairing a government conference on ports, but his title as the free-trade zone chief was not used. The timing of the investigation into Dai coincides with inspections by a patrol team sent by the Communist Party’s anti-graft body to Shanghai in late July. Dai, a technocrat with experience attractring foreign funds to economic zones, had been touted by local officials as ideal for the top management role.
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