China: According to local media, Chinese authorities have detained two senior executives at units of China Resources Holding as the chairman of the state-run conglomerate, Song Lin, is being investigated for corruption.
Wang Hongkun, an executive director of China Resources Land and Wu Ding, chief executive of China Resources Capital Holdings, were detained. China Resources Land said that Hongkun had resigned due to personal health reasons.
China's top anti-corruption body said it was investigating Lin for a 'Serious violation of discipline.' Song has denied the allegations.
China Resources Holdings said that it had appointed Fu Yuning, a former chairman of China Merchants Group, as its new chairman.
