China's anti-corruption watchdog said on Thursday it was investigating Fan Zhong, a former senior executive at Dongfeng Motor Group Co, the local venture partner of Peugeot SA and Nissan Motor Co, for alleged "serious disciplinary violations". Fan, a former deputy secretary of the Communist Party committee at the company, is the latest target of Beijing's corruption investigation into state-owned Dongfeng, which also owns a carmaking venture with Honda Motor Co Ltd. The investigation is part of China's intensifying anti-corruption drive led by the Central Commission for Discipline Inspection , with President Xi Jinping vowing to clean up the government and the corporate sector.