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Rural banks see escalated financial risks, supervision loopholes; developers, local gov’ts come up with desperate schemes to push property sales

     SinoInsight  1      Financial sector corruption  June 16 Fu Fei (age 51), former director of the risk disposal and legal affairs department of the state-run China Insurance Security Fund Co. Ltd. (CISF), was investigated. He is the first CISF to be investigated in recent years. Fu joined Anbang Insurance Group in February 2018 as …

Read moreRural banks see escalated financial risks, supervision loopholes; developers, local gov’ts come up with desperate schemes to push property sales

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