China investigates executive of Nissan joint venture

China's corruption watchdog Friday opened an investigation against an executive of the state-owned Dongfeng Motor Corporation (DMC).
The Central Commission for Discipline Inspection (CCDI) of the Communist Party of China said in a statement that Ren Yong, assistant general manager of Dongfeng, is suspected of "serious law and discipline violations".
Ren is also vice president of Dongfeng Motor Corporation Limited, a joint venture between Dongfeng and Japanese carmaker Nissan.
Nissan formed a new joint venture with Dongfeng in September to produce Infiniti cars in China.
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First Published: Dec 19 2014 | 10:14 PM IST
