China Installs Ding Xiangqun to Steady NFRA Leadership Amid Intensified Financial Oversight
China has appointed veteran banker and PICC chair Ding Xiangqun as Communist Party committee chief of the National Financial Regulatory Administration, and she is likely to also become its director. The move signals a push to stabilise the regulator’s leadership and reinforce supervisory control across China’s financial sector following recent senior-level personnel changes.