Former New China Life Insurance Chair Gets Suspended Death Sentence for Corruption November 20, 2025 The former chairman of New China Life Insurance, Li Quan, was sentenced to death with a two-year reprieve on corruption...
China’s Communists Appoint Chief of New Financial Regulatory Body May 12, 2023 China’s Communist Party appointed Li Yunze, vice governor of Sichuan province, as the party chief of its new financial regulator,...
China Regulator Says Banks, Insurers to Go ‘All Out’ to Bolster Lending July 11, 2022 An official at China’s banking and insurance regulator said authorities will use policy tools “flexibly and precisely” at proper times...
China Tells Insurers, Banks They Must Ensure Coal, Power Financing Needs Are Met October 5, 2021 By Ryan Woo China’s banking regulator said on Tuesday that lenders including policy banks must ensure that the financing needs of the coal...
China’s Regulator Probing Ping An Insurance’s Property Investments: Reuters August 30, 2021 By Engen Tham, Zhang Yan, Kane Wu and Cheng Leng SHANGHAI — China’s banking and insurance sector regulator is probing Ping An Insurance Group Co. of China Ltd.’s investments in...
China Regulator Orders Large Insurers, Banks to Prepare ‘Living Wills’ to Handle Risks June 10, 2021 By Ryan Woo and Cheng Leng BEIJING — China’s banking and insurance watchdog issued rules on Wednesday requiring sizable banks and insurers to prepare recovery plans...
China Says Its Fintech Antitrust Moves Not Targeted at Private Banks, Insurers January 22, 2021 By Brenda Goh, Zhang Yan, Cheng Leng and Tina Qiao China’s recent antitrust measures are not aimed at its private sector and do not seek to hinder the development of...
China’s Top Financial Regulator Rejects ‘State Monopoly’ Criticism January 21, 2021 China’s top financial regulator dismissed claims the nation is distorting its economy through “state monopoly capitalism” as pressure grows on...
China Signals It Remains Committed to Phase 1 Trade Deal With U.S. December 8, 2020 By Andrea Shalal Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase...
China Regulator Pledges Continued Backing of Hong Kong as Financial Center August 24, 2020 China’s banking regulator pledged its backing for Hong Kong as a finance hub and reiterated a commitment to opening up...