CHINA TOPIX

China’s new Banking Regulator Chief Promises big Reforms

Girish Shetti   |

Mar 02, 2017 09:32 AM EST

China's newly appointed banking regulator Guo Shuqing has lived up to his reputation of being a hardcore "reformist" in the first week on the job. Barely two days into his new position as chairman of the China Banking Regulatory Commission (CBRC), Guo has promised to introduce a slew of reforms to revitalize China's debt-ridden banking sector.