China's Xiang charged with taking bribes: Reports

China's former top insurance regulator Xiang Junbo faces
charges of corruption and bribery, according to reports from
Beijing.
Authorities in China ousted Xiang as head of the former China
Insurance Regulatory Commission (CIRC) a year ago. Last month, the
agency was merged with the national banking regulator.
Xiang was subsequently ejected from the ruling Communist Party
last year and became a focal point of President Xi Jinping's
campaign against corruption that included new restrictions on
ove