Panama Papers Leave Red Faces Among China's 'Red Elite'

On April 5, China’s state media detailed the financial peccadilloes of an elderly ex-general who was once the most powerful man in the People’s Liberation Army (PLA). Guo Boxiong and his family are alleged to have extracted million of dollars in bribes from, among others, PLA officers desperate for promotion. The former general’s scalp is just one of hundreds of thousands collected in President Xi Jinping’s continuing crackdown on corruption.