One of the rising stars of Chinese banking, Mao Xiaofeng, the youngest-ever president of a listed bank in the country, resigned as head of China Minsheng Bank ‘for personal reasons’.  File photographer: Nelson Ching/Bloomberg

China’s wide-ranging anti-corruption campaign has made itself felt in every area of public life, so it was perhaps only a matter of time before it tur(...)

Zhou Yongkang: a former oil boss and security tsar who amassed power, he has been at the centre of investigations since July last year. Experts say the inquiry is driven by internal politics not justice. Photograph: STR/AFP/Getty Images

At a building site in Changsha, in Hunan province, not far from where Communist China’s founding father Mao Zedong comes from, a series of 33 carto(...)

China has formally arrested former security czar Zhou Yongkang, pictured above in a 2012 file photograph, and expelled him from the Communist Party, making him the highest ranking official yet to be investigated for corruption. Photograph: Reuters

China has formally arrested former security czar Zhou Yongkang and expelled him from the Communist Party, making him the highest ranking official yet (...)

Unfinished apartment blocks in China: ghost cities are becoming emblematic of the slowdown hitting the real estate market in China. Photograph: Reuters

Ghost estates were one of the hallmarks of the property downturn in Ireland; in China, ghost cities are becoming emblematic of the slowdown hitting th(...)

New properties in Taiyuan, Shanxi province: Data from the China Real Estate Index System (Creis) showed weak momentum in the property market continued for the fourth month in a row. Photograph: Reuters

Hangzhou, Chongqing, Xian, Wuhan . . . driving through China’s second- and third-tier cities for the past couple of years, it’s been hard not to think(...)

Wulabo wind power plant – By the end of 2013, total installed wind capacity here measured 91.4 gigawatts (GW), around 27 per cent of the world’s total, and the plan is to raise this to 200 GW by the end of the decade

You see the scores of wind turbines at Wulabo wind power plant, 30km southeast of the Xinjiang capital, Urumqi, from a long way away, and then you dri(...)

Tang Ruiren, the great-aunt of Mao Zedong, poses in front of a photograph of her family. “Everybody learns Mao’s ideology,” she says. “The situation changes continuously, but socialism keeps moving forward.”

Grandma Tang Ruiren is gearing up for a major celebration to mark the 120th anniversary of chairman Mao Zedong’s birth in his hometown of Shaoshan on (...)

Riding high: window cleaners in Shanghai – based on economic stability, social stability, and environmental and cultural conditions, Shanghai has beaten regional rival Hong Kong to become China’s most competitive city. photograph: tomohiro ohsumi/bloomberg

Shanghai is not only leading in the education stakes (see right), it’s also apparently the most competitive city in China, having pushed regional riva(...)

Painting of Tang Dynasty emperor with concubines. photograph: keren su/china span

Concubines have made a real comeback in New China, and many of the country’s legions of freshly minted tycoons like to keep a young mistress, an er na(...)

 Jiang Jiemin, fired as director  of commission overseeing China’s major state-owned companies. Photograph: Daniel J. Groshong/Bloomberg

China’s leadership is stepping up its corruption crackdown with the formal dismissal of the cadre Jiang Jiemin, director of the commission overseeing (...)