U.S. temporarily lifts tax on PV cells and modules from suppliers in Cambodia, Malaysia, Thailand and Vietnam, many of which are backed by Chinese companies

Wang Zhanfeng heads up state-owned China Orient Asset Management, another ‘Big Four’ AMC

While bad-debt manager remains a state-owned financial institution, the move leaves it one step removed from direct government control

Scandal-plagued bad-debt manager moves to speed up revitalization and restructuring following announcement of rescue plan led by Citic

China’s second-biggest financial holding company is leading a bid to pull bad bank back from the brink

Citic Group subsidiary and Everbright apply to become financial holding companies under the tightened central bank rules introduced in September

Li Qingping, 58, will be replaced by former central banker Zhu Hexin, whose appointment is pending regulatory and shareholder approval

Li Ge, 49, accepted massive bribes, illegally issued money-losing loans and used his power to obtain personal benefits, parent Citic Group says in statement

Though both deny renewed Bloomberg reporting, analysts see a combination as feasible as policymakers press to create investment banking giant to compete with Wall Street

The new appointment is the latest in a round of senior appointments and changes at Citic Group

Zhu Hexin, who oversees the PBOC’s financial stability bureau, will likely look to defuse some of the conglomerate’s risks

Sun Deshun might be linked to a criminal case involving a 2 billion yuan deal by an ex-chairman of a Citic Group subsidiary, sources said

Bank moves to fulfill guarantee of troubled conglomerate’s borrowing after failure to repay bank for defaulted interest payment in March

Mixed-ownership reform should prioritize well-performing firms in competitive sectors

Once conglomerate Citic Guoan missed an interest payment, it left the bank, a guarantor, on the hook for 2.5 billion yuan

The biggest moves in China’s financial sector — an energy giant reshuffle and a headless telecoms company

National Audit Office report exposes litany of bad behavior at state-owned financial institutions

Supervision by central bank comes after 16-year wait

Burger giant inks new property-group deal to serve up thousands of new locations within five years