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Rumor: China Mobile VP Under Investigation for Corruption

Is China Mobile (HKG:0941, NASDAQ:CHL) in trouble for corruption again? After several recent rounds of restructuring, it appears the company may still be plagued with problems; today the Chinese media is reporting rumors that China Mobile VP and Executive Director Lu Xiangdong has been detained by Jilin prosecutors for questioning. When questioned, China Mobile’s PR [...]

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