All Change; China's Financial Regulators  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 401 no. 8758 (Nov. 2011), page 85.
Topik: Nonperforming Loans; Regulatory Agencies; Insurance Industry; Statistical Data; Regulation of Financial Institutions; Banks; Appointments & Personnel Changes

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.68 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

The appointment of new bosses to China's agencies supervising the banking, securities and insurance industries has created a splash. The most important job, that atop the China Banking Regulatory Commission (CBRC), goes to Shang Fulin, a careful bureaucrat who most recently served as the chief securities regulator. Shang's former job running the China Securities Regulatory Commission goes to Guo Shuqing, who until recently was chairman of China Construction Bank, a giant state-controlled bank. A fluent English speaker who spent time at Oxford, he is outspoken and seems market-minded. Xiang Junbo, the former boss of the Agricultural Bank of China (ABC), another government-run banking goliath, is the new insurance regulator. The trio have a tough task ahead. Few analysts believe the government's rosy figures on non-performing loans.

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