Jin Renqing, China's Finance Minister, Resigned Over Sex Scandal

Jin Ren-qing (金人庆), China's Finance Minister, has resigned after 4 year's on the post and been transferred to a think tank seemingly because of his role in a sex scandal.

Jin Renqing was sacked after the news surfaced that he introduced a woman to Chen Tonghai, the chairman of oil giant China Petroleum and Chemical Corp (Sinopec).

Still, the 63-year-old Jin who has been replaced by Xie Xuren (谢旭人), 59, will be in the new post as the vice-director of the State Council's Development Research Center, which is equivalent to the rank of vice minister in China.

About the case, Shanghaiists have put their own thoughts in:

Behind the scenes, officials are currently jockeying for top positions in the Chinese Communist Party, which is preparing for the upcoming 17th Congress on Oct. 15 -- the biggest political meeting in five years.

So maybe it's not surprising in the following months, more Chinese ministers may be sacked or transferred to other positions.

Source: Press.TV

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