China Appoints Three New Financial Regulators
Under the new leadership, these State Council agencies are faced with growing investor concerns over the banks' exposures to manufacturing losses, China's real estate bubble and local government debt, as well as a shadow banking system that recently drew heavy scrutiny after hundreds of CEOs in Wenzhou went into hiding to escape repaying their loans.
Here's an overview of China's new financial regulators:
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| (Guo Shuqing) |
Guo Shuqing 郭树清 , China Securities Regulatory Commission Chairman
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