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For the first time, secret balloting has been used to select new executives in a round of personnel changes at the China Securities Regulatory Commission (CSRC). All CSRC executives from mid-level positions and up were allowed to cast ballots. Each voter technically could name his or her favorites for the jobs, without having to choose from an official candidate list.
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Bank lending increased by more than 1.6 trillion yuan in January,
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Personnel changes at the state-owned investment firm China Jianyin have been announced,
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Indications from China’s central bank that interest rates will soon be set afloat on the market have Chinese commercial banks worrying about decreased earnings. At an annual workshop in January, a representative from the People’s Bank of China,
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