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Luo Wen. Photo: VCG
The seasoned technocrat brings extensive experience in industrial policy, economic planning and antitrust oversight to the helm of the key northern industrial hub
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Luo Wen. Photo: VCG

Appointment restores the two-deputy leadership structure at China’s sovereign wealth fund after recent senior-level reshuffles

Beijing is taking steps to stabilise leadership at the National Financial Regulatory Administration after former head Li Yunze…

Moves include naming a regulatory veteran to head the Shandong bureau and filling a retirement vacancy in Jiangsu

The investigation into Hou Wailin highlights Beijing’s ongoing graft crackdown in the financial and state-owned sectors

Li’s removal was communicated internally in late April, sources say

Li Xiaohong, a former top anti-corruption enforcer and securities industry veteran, is under investigation