China punishes 8,123 for misuse of govt funds

China has punished 8,123 people for committing fiscal violations after an audit of how the government's 2016 central budget was spent revealed multiple problems, Xinhua news agency reported. Hu Zejun, head of the National Audit Office, announced the infringements while briefing lawmakers yesterday. A broad anti-graft campaign in China has ensnared more than 1.3 million officials.