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LAI XIAOMIN
Inside the race to avert disaster at China’s biggest ‘bad bank’, the Huarong Asset Management CoHuarong Asset Management Co has been in full crisis mode ever since it delayed its 2020 earnings results, eroding investor confidence. Exec...- Former head of China's top asset management firm sentenced to death for graftThe court found that between 2008 and 2018, Lai took undue advantage of his various posts in the former China Banking Regulatory Commission...
- Debt's so bad even China bankers call it a 'bubble'There has been an uptick in the number of voices worrying that the country's debt is out of control.
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