Ren Chunsheng

Dozens of China’s state regulators, bankers, finance bosses in corruption net as crackdown stepped up in new year

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The Central Commission for Discipline Inspection, China’s top anti-corruption agency, said in a statement on its website on Thursday that Lou was under investigation for “serious violations of party discipline and the law” – a familiar euphemism for corruption. Lou was in charge of handling bad debts at the bank until he retired in 2017. … Read more

Senior official with China’s new financial regulator targeted in corruption probe just a week into the job

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A senior official from China’s new financial regulatory body has been detained by the country’s top anti-corruption watchdog, according to official announcements. The Central Commission for Discipline Inspection (CCDI) said on Tuesday that Ren Chunsheng, leader of the preparatory team for the Complaint Mediation Centre of the National Financial Regulatory Administration (NFRA), was under investigation … Read more