Guo Shuqing, chairman of the China Banking Regulatory Commission, speaks to media shortly after taking on his new role. Photo: Simon Song
Guo Shuqing, chairman of the China Banking Regulatory Commission, speaks to media shortly after taking on his new role. Photo: Simon Song

Can a ‘super regulator’ rein in business excesses in China?

Faced with abuses and a lack of discipline in the financial sector, especially in the wealth management industry, Guo Shuqing is well-suited to take on a rumoured new role atop the regulatory bureaucracies

Guo Shuqing, chairman of the China Banking Regulatory Commission, speaks to media shortly after taking on his new role. Photo: Simon Song
Guo Shuqing, chairman of the China Banking Regulatory Commission, speaks to media shortly after taking on his new role. Photo: Simon Song
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