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http://timesofindia.indiatimes.com/world/china/Chinas-new-ethics-code-for-partymen/articleshow/5613241.cms
BEIJING: For years, major changes in the Communist Party of China have preceded a war on corruption. Anti-corruption drives have been used to smash or weaken political rivals. The CPC today unveiled a new drive that is appears set cause serious tremors in Chinese business and politics at the same time.
The latest ethics code has a 52-point check list, which would make it extremely difficult for vast numbers of party officials to prove themselves to be totally untainted. Two potent diktats: party members connected to business enterprises and real estate deals will be punished.
"This is a sign of inner party struggle. It is closely related to the succession issue in the Communist Party leadership. This is also an attempt to curb the growing influence of money power in the party set up," Srikanth Kondapalli, professor of Chinese studies at the Jawaharlal Nehru University, told TNN.
"The action shows Chinese president Hu Jintao is finally in full control of the party. There is going to be a scramble among party members to prove their loyalty," a senior diplomat with a western country said on condition of anonymity.
The Communist Party of China Central Committee has amended the ethics code 13 years after it was first established in 1997. The change comes within days of the government prosecutor formally charging Huang Guangyu, who was the richest man in China until 2008, with insider trading and illegal business practices.
The new code, if implemented thoroughly, could mean executions of dozens of people and cause major shake-up in the boards of major Chinese corporations that have worldwide business networks, sources said.
"As an important intra-Party regulation, the code is significant for ensuring clean governance among CPC officials ... and advancing the fight against corruption and building a clean government," the CPC Central Committee said in a circular.
The new guidelines say party members cannot use their influence to benefit their relatives and "special concerned persons" in terms of employment, business or stock trading. The new term, "special concerned persons" might include friends and associates and make large numbers of party members extremely vulnerable to investigators.
It is well known that a vast number of successful entrepreneurs who have dazzled the world with their ability to produce and export are closely related to powerful members of the CPC. The booming real estate business is closely connected to politics because of its basis on cheap land allotments done by municipal governments, sources said.
He Guoqiang, who heads the CPC Central Commission for Discipline Inspection, told the official media that the party will curb the practice of some members to use accept money or gifts under different names and of using public funds to their own end.
Party leaders have been cautioned against engaging in profit making activities like establishing enterprises, registering companies outside the Chinese mainland. Owning stocks or bonds of non-listed companies, or taking part-time jobs in enterprises or social organizations have also been banned, He said.
They cannot spend inappropriately large sums of government funds on the purchase of vehicles, office receptions, construction of office buildings, high-cost recreational activities, as well as overseas tours, the circular said. |
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