A significant crackdown on corruption within China's financial sector is underway, highlighted by the recent disappearance of a fourth former official from the China Securities Regulatory Commission (CSRC). This follows the sentencing of a former CSRC official to life imprisonment for bribery. Additionally, Wang Yilin, the former chairman of the China National Petroleum Corporation, is facing public prosecution on similar charges. The anti-corruption drive has also seen investigations into other former officials involved in IPO oversight, indicating a broader effort to address corruption in the country. In the U.S., two Chinese nationals were sentenced for their roles in a bribery scheme targeting Falun Gong practitioners, with one receiving a 20-month prison term. This case reflects ongoing tensions between the U.S. and China regarding espionage and influence operations.