In the first month of 2018, the China Banking Regulatory Commission (CBRC) rolled out a slew of new supervisory measures. In accordance with the tougher
Xu Jia’ai, the Central Committee for Discipline Inspection (CCDI) member who heads the discipline inspection team stationed in the People’s Bank of China (PBoC), published
Lou Jiwei, China’s former finance minister and chairman of the National Social Security Fund Council, shared his views on China’s economy at an enterprise development
On Jan. 31, state mouthpiece Xinhua ran a commentary on the anti-organized campaign which the Xi Jinping administration recently launched. The commentary, titled “To Sweep
Chinese provincial governments have recently released their revenue targets for the year. Twenty-one provinces are projecting lower growth as compared to their real GDP growth
On Jan. 29, Wang Qishan, the former anti-corruption chief and Politburo Standing Committee member, was listed as one of the 118 Hunan legislators named as
On Jan. 27, the China Banking Regulatory Commission (CBRC) said that it had fined 12 Chinese banks 295 million yuan (about $46.7 million) for fraud.
On Jan. 24, the 13th National Chinese People’s Political Consultative Conference (CPPCC) members list was released. New Politburo Standing Committee member Wang Yang was among
The Chinese Communist Party (CCP) Central Committee and the State Council issued a document on Jan. 24 to launch a special campaign against organized crime.
The Central Political and Legal Affairs Commission (PLAC) stressed the need for “vigorous” safeguards against financial risks during a work conference held in Beijing from
On Jan. 23, hundreds of users of Qianbao.com, a fraudulent investment firm, petitioned the Jiangsu provincial government to resolve the collapsed Ponzi scheme. The Nanjing
Within a week, three officials from China’s financial system took up vice mayorship in Beijing, Tianjin, and Shanghai: Jan. 16: Wu Qing, former chairman of
On Jan. 19, the China Banking Regulatory Commission (CBRC) announced that the Chengdu branch of Shanghai Pudong Development Bank had issued irregular loans. The Sichuan