Xiang Junbo attends a news conference on the sidelines of the National People's Congress in March last year. Photo: Reuters

Successor of fallen top insurance regulator likely to be outsider, as top leaders continue to ‘clean up’ financial system

Li Keqiang’s speech on fighting against regulators colluding with powerful businessmen made public, shedding light on Xiang Junbo’s downfall

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Xiang Junbo attends a news conference on the sidelines of the National People's Congress in March last year. Photo: Reuters
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