This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
The head of China’s fourth-largest state bank has resigned citing personal reasons amid reports of his involvement in a corruption investigation.
China’s biggest banks reported a surge in soured and castoff loans in the first half of the year, as China’s slowing growth has taken a toll on its lenders.
