Wednesday, March 28, 2012

Graft main threat to Communist Party: China's Wen

China's Premier Wen Jiabao has said corruption is the biggest threat facing the ruling Communist Party, warning of a change in the "nature of power" if it is not curbed.

His comments come amid growing public anger in China over official corruption, which senior leaders have said poses a threat to their grip on power ahead of a major leadership transition later this year.

"Corruption is the most important threat facing the ruling party," Wen said in comments published late Monday on the website of the State Council, China's cabinet.

"If the matter is not handled properly, the nature of power may change. This is a very grave challenge we are facing." Read More