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Wu Hongyuran

Fallen Chief of Bad-Asset Manager Had Tons of Cash — Literally

Sources close to Lai Xiaomin detail former Huarong chairman’s history of corruption and cronyism
This Week’s Movers and Shakers

Biggest moves in China’s financial sector — plus corruption at securities regulator, and China Development Bank ex-chairman caught in graft crosshairs
Top Financial Regulator Names 26 Department Chiefs

Appointments finalize major overhaul merging China’s banking and insurance regulatory commissions
Refinancing Loans Are Not Tool For Debt Evasion, Regulator Says

Official responds to concerns that companies abusing policy designed to tide over small companies with short-term working capital problems
In Depth: Ambitious Banker’s ‘Shadow Banking’ Scheme Leaves ICBC on Hook for Billions

Second-tier-city branch manager built off-the-books business to inflate his own reputation
This Week’s Movers and Shakers

The biggest moves in China’s financial sector — plus provincial politics and the microchip man
Banks Reluctant to Obey Calls for More Credit

First-half earnings reports indicate little enthusiasm for boosting loans despite pressure from policymakers
Central Bank Steps Up Calls for Expanded Credit

Businesses at Tuesday meeting with PBOC say financing is still hard to get as bankers are unwilling to take on risk
China Scraps Limit on Banks’ Local Government Bond Purchases

Regulator’s decision is latest move to spur demand for debt to boost local investment spending
As Consumer Credit Surges, Analysts Ask: Where’s the Spending Boom?

Banks are reporting strong gains in personal loans, but retail sales growth is slowing