Chinese anti-graft watchdog will look into carriers

The Chinese government's anti-corruption unit will target a long list of state-owned companies this year as part of large-scale efforts to curb bribes and corruption. Several of the country's biggest shipping companies will be probed.

China is in the midst of a process aimed at eliminating corruption, graft and fraud in the country's largest state-owned companies.

More than 70 high-ranking officials were brought down by the anti-graft watchdog, Central Commission for Discipline Inspection (CCDI), in 2014, and the unit plans to scrutinize another 26 of the country's biggest state-owned companies this year, according to Reuters.

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