Two senior executives at a Honda joint venture in China are reportedly facing punishment following a probe into corruption by the Chinese Communist Party’s corruption watchdog.
The Nikkei news agency said that the two Chinese executives will be removed from their party posts for “using public money to take trips”.
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The report added that Dongfeng Motor’s Communist Party committee has cracked down on illegal overseas travel by party members within the group and decided to punish 19, including the two Dongfeng Honda officials.
An official government campaign against corruption is now impacting many businesses in China, especially those who have tie-ups and joint ventures with foreign companies.
