One-line news
November 28, 2016 Category One-line news, Weekly
- Wang Shuaiting, former Chairman of a listed subsidiary of China Travel Service (Holdings) Hong Kong (CTS), stood trial on graft charges in Shenzhen. Wang, 61, pleaded guilty to charges of accepting bribes worth more than CNY40 million and embezzling another CNY7 million during his tenure with state-owned China Resources. A former Vice Chairman of China Resources, he joined CTS in 2011.
- In the latest workplace accident, 74 construction workers died in Yichun, Jiangxi province, when a scaffolding platform supporting construction cranes collapsed at the cooling tower of a power plant. Analysts said safety might have been sacrificed in the rush to build the cooling tower, a key part of the USD10 billion power plant. The collapse is among the deadliest industrial accidents in China. 66,182 people died in 281,576 workplace accidents last year, an average of 181 deaths a day.
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