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From Mega Lenders to Rural Branches, China’s Banking Purge Intensifies Amid Financial Turmoil
Ejecting hundreds of bankers, China’s anti-graft sweep signals a high-stakes reboot of lenders buckling under bad property loans and trillions of local debt.
A nearly three-year running anti-corruption drive has swept through every corner of China’s finance sector, toppling hundreds of mid- and high-level banking officials—from vice-ministerial figures at Beijing headquarters to branch managers in remote counties.
Sean Tseng is a Canada-based reporter for The Epoch Times covering U.S.–China relations, CCP politics, trade policy, and emerging technologies including AI and defense. He holds a BASc in mechanical engineering from the University of British Columbia.
