China Business & Economy

Sacking of Chinese Insurance Regulator Foretells Further Financial House Cleaning

Xiang Junbo, Chairman of China Insurance Regulatory Commission (CIRC) at the National People's Congress in Beijing on March 12, 2016. (WANG ZHAO/AFP/Getty Images)
Xiang Junbo, Chairman of China Insurance Regulatory Commission (CIRC) at the National People's Congress in Beijing on March 12, 2016. (WANG ZHAO/AFP/Getty Images)

China’s powerful financial sector has officially been put on notice. Xiang Junbo, chairman of the China Insurance Regulatory Commission (CIRC), was placed under investigation for...




  • A photo of the state-owned China National Offshore Oil Corp. (CNOOC) platform outside its headquarters in Beijing, China. After Canada approved CNOOC’s takeover of Canadian oil and gas producer Nexen, it vowed to reject any future foreign takeovers in the oil sands sector by state-owned companies. (AP Photo/Andy Wong)

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(STR/AFP/Getty Images)

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(ANTHONY WALLACE/AFP/Getty Images)

    China Bitcoin Crackdown Continues

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