Friday, April 23, 2021
Tags Chinese corruption

Tag: Chinese corruption

Chinese Banker Lai Xiaomin Executed Following Conviction on Bribery, Bigamy and Corruption Charges

The former chair and party secretary for one of China’s big four asset management firms has been executed shortly following his conviction...

Beijing Wants Anti-corruption “Human Surveillance Cameras” in Big State-owned Banks

The Chinese central government hopes to permanently install anti-coruption teams in the country's biggest financial institutions to serve as "human surveillance cameras." Zhao Leiji, head...

Senior Chinese Banking Official Receives 16 Year Prison Sentence for Bribery

The former assistant chair of the erstwhile China Banking Regulatory Commission (CBRC) has received a 16 year sentence for receiving bribes, according to reports...

Ex-head of China’s Insurance Regulator Pleads Guilty to USD$3mn in Bribes

The disgraced head of China's erstwhile insurance regulator has pled guilty to accepting bribes, becoming the highest-ranking official to be felled by Beijing's crackdown...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...