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Yuan hits record high against U.S. dollar for second straight day
EDF buys carbon emission credits from Guangdong firm
More foreign companies invest in Shenzhen
China's producer-price inflation unexpectedly slows
China's market capitalization down 1.35% following stock correction
China becomes 2nd largest exporter of auto parts to U.S.
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ROK to reduce tariffs on 39 imported products
China's 5-month foreign investment rises 9.9%
Benz speeds sales in China after trading up
Paid pilot course flooded by applicants
Chinese mainland banks allowed to issue Renminbi bond in Hong Kong
Danone dispute heats up as JV chairman resigns
Industry
Stocks fall after Premier urges tighter lending curbs
Retail sales hike 15.9% on rising incomes
Mainland stocks advance, erasing losses
China share prices rise for 5 consecutive days
Chinese mobile phone users gain minor victory in fight against high fees
Domestic stocks gain for 4th straight day
Prosecutors investigating 14 connected to Shanghai pension fund scandal
CHANGCHUN, June 14 (Xinhua) -- Chinese prosecutors are investigating 11 cases involving allegations against 14 people connected to Shanghai's social security fund scandal, a procurator said Thursday.


Those under investigation included Zhu Junyi, former director of the Shanghai Municipal Bureau of Labour and Social Security; Qin Yu, former director of Shanghai's Baoshan District; and Sun Luyi, former deputy secretary-general of the Shanghai Municipal Committee of the Communist Party of China (CPC).


Lu Yingru, deputy procurator of the People's Procuratorate of Jilin Province, said former Shanghai Electric Group chairman Wang Chengming and vie-president Han Guozhang, former chairman of the Shanghai Fuxi Investment Holding Co. Ltd. Zhagn Rongkun, and eight others were also under investigation.


He said that the local procuratorate investigated the cases "with the guidance of the CPC Central Commission for Discipline Inspection and the Supreme People's Procuratorate".


But Lu would not disclose further details.


Former Shanghai Party chief Chen Liangyu was sacked last year from his post for his involvement in the Shanghai social security fund scandal. Officials are accused of misappropriating 3.7 billion yuan (483 million U.S. dollars) from the fund to invest in risky real estate, road and other projects.



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