China sacks head of state asset regulator: Xinhua

Vice chairman and president of PetroChina Company Limited Jiang Jiemin attends a news conference in Hong Kong in this March 19, 2007 file photo. China has sacked the head of its state assets regulator, former top energy executive Jiang Jiemin, the of
Vice chairman and president of PetroChina Company Limited Jiang Jiemin attends a news conference in Hong Kong in this March 19, 2007 file photo. China has sacked the head of its state assets regulator, former top energy executive Jiang Jiemin, the official Xinhua news agency said on Tuesday, two days after the agency reported Mr Jiang was the subject of a corruption probe. -- FILE PHOTO: REUTERS

BEIJING (REUTERS) - China has sacked the head of its state assets regulator, former top energy executive Jiang Jiemin, the official Xinhua news agency said on Tuesday, two days after the agency reported Mr Jiang was the subject of a corruption probe.

Mr Jiang is "suspected of serious discipline violations", state media said on Sunday, shorthand the government generally uses to describe graft.