Central bank and top banking regulator move to tighten regulation of commercial acceptance bills, a risky form of credit that played a role in the Baoshang Bank collapse

Li Guorong misused his power when acting as a senior executive supervising the takeover of Baoshang Bank, China’s top graft-buster says

But new owners will have to cooperate with regulators to deal with asset management products in default

The lack of safety standards in China’s cross-country running world is under scrutiny. Huawei vows it won’t make cars or invest in automakers

Five officials raked in 700 million yuan in bribes, mostly linked to the scandal-hit lender, report shows

Xue Jining’s corruption came to light during the investigation into the collapse of regional lender Baoshang Bank in Inner Mongolia

Finance veteran detained for questioning over massive investment losses, sources tell Caixin

China lands a robotic spacecraft on the moon. Several top executives at a failed regional bank are detained

As financial rescue winds down, investigation into lender’s collapse turns to role of senior management

Pan Huisheng, a former assistant president, was detained in Inner Mongolia, sources with knowledge of the matter told Caixin

Overseas investors are to ramp up investment in Chinese mainland markets, portfolio managers predict

Failed regional lender with $32 billion financial black hole will be China’s first commercial lender to be liquidated via judicial process

This week’s top stories were led by more major defaults, including more fallout from a state-owned miner’s missed payment. Meantime, McDonald’s has become the latest to eye China’s premium coffee market with plans to open McCafes at all its stores nationwide

China and 14 Asia Pacific countries sign the world’s biggest free-trade deal. Qualcomm gets the green light to sell 4G chips to Huawei

Embattled regional lender writes down entirety of interbank bond in wake of state takeover

Revisions to 25-year-old statute expand application of law and lay out mechanism for managing risk and liquidating troubled institutions in wake of Baoshang failure

Regulators’ master plan shifts part of responsibility for bailouts, mergers of smaller lenders into the hands of provincial-level authorities

Deposit Insurance Fund will inject $1.28 billion into Hong Kong-listed Huishang, which took over assets of failed Baoshang Bank in regulatory cleanup of Tomorrow Holding debacle

CanSino wins China patent on Covid-19 vaccine candidate; cancer treatment venture JW Therapeutics files for HK IPO; BGI Group may seek $1 billion in DNA equipment unit IPO

The infamous lender offers lessons about how corruption can flourish at smaller banks, writes the head of the regulatory team that took it over