Chinese defence industry exec Liu Weidong under investigation for alleged corruption
CSGC deputy general manager named by anti-corruption watchdog just days after restructuring discussions announced
The Central Commission for Discipline Inspection (CCDI) announced on Wednesday that Liu Weidong, deputy general manager of China South Industries Group Corporation (CSGC), was under investigation on suspicion of “serious violations of Communist Party discipline and the law” – which is usually a reference to corruption.
CSGC, also known as China Ordnance Equipment Group Corporation, is a leading producer of armaments for the People’s Liberation Army (PLA) and was listed as a Fortune 500 company for many years.
It was ranked 28th in 2023 among the world’s top arms-producing and military services companies by Stockholm International Peace Research Institute, a Swedish think tank, in its annual report published in December.
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Liu is a senior engineer at the research fellow level, and before being appointed CSGC deputy general manager in 2018, he worked mainly in the car industry, including at Dongfeng Motor Corporation, a major state-owned carmaker.