His superiors in Fujian, meanwhile, accused him of making a grave political mistake by publishing his letter, violating party discipline and threatening social stability.

ECONOMIST: A whistle-blower blown

The ruling Communist Party's mouthpiece, People's Daily, says certain party members and cadres who are as useless as "clay Buddha's" are threatening social stability with their indulgence in material comforts and neglect of official duties.

BBC: China media: Philippines row

This kind of capital flight could lead to rising borrowing costs for the country as well as a widening income gap between the haves and the have-nots, analysts say, threatening social stability at a time when China wants it the most ahead of its once-in-a-decade leadership transition.

WSJ: Chongqing Court Convicts 18 of Running $10 Billion Money-Smuggling Ring in China