You are here

China's new securities chief faces old constraints

37522231 - 20_02_2016 - CHINA-REGULATOR_CSRC.jpg
Mr Liu, a former central bank official who was most recently chairman of Agricultural Bank of China, now sits atop the molten lava of China's stock markets.


THE job of running China's securities watchdog is known by the country's media as "the volcano seat" for its potential to blow formerly glittering careers to smithereens. Xiao Gang is its latest victim. The chairman of China's Securities Regulatory Commission (CSRC) has taken the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to