China steps up anti-corruption drive as Evergrande crisis puts spotlight on financial risk

Published Sep 27 2021 at 2:00 PM GMT
  • China’s top anti-corruption official will launch a nationwide audit of major financial firms and regulators to eliminate risk in the sector, following debt crises at state-owned financial conglomerate Huarong and private property developer China Evergrande.
  • Zhao Leji, secretary of the Central Commission for Discipline Inspection, announced at a conference on Sunday “full-scale disciplinary inspections” to safeguard the healthy development of China’s financial sector.



  • Published Sep 27, 2021 2:00 PM GMT