The Huarong stand during finance expo in Beijing. Photo: Reuters

Staff cuts as Huarong continues to repair damage of corruption investigation

Created itself in 1999 to manage bad loans of state-owned banks, crisis-hit state-owned distressed asset manager has had a growing number of risky borrowings exposed

Topic |   Banking & Finance

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The Huarong stand during finance expo in Beijing. Photo: Reuters
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Xie Yu

Xie Yu

Xie Yu joined the Post in 2015. She is the chief China finance reporter, covering the economy and development of financial markets.