Tan Jiong, a vice-president of the Industrial and Commercial Bank of China, has been appointed vice-governor of Guizhou. Photo: Simon Song
China sends top financial officials to clean up debt-laden provinces amid growing signs of economic risk
- Senior state bankers and financial regulators have been appointed vice-governors of at least 15 of China’s 31 provincial level governments
- Postings come amid signs of growing financial stress in China, including local government fiscal trouble and a slowing economy
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China economy
Tan Jiong, a vice-president of the Industrial and Commercial Bank of China, has been appointed vice-governor of Guizhou. Photo: Simon Song