China tells banks to come clean on misdemeanors: sources

SHANGHAI China's banking regulator has told lenders to conduct checks on improper trading, incentives, innovation and charges, according to a document seen by Reuters. The move is the latest in a flurry of orders from the regulator after Guo Shuqing took ... ( read original story ...)

China is playing a US$9 trillion game of chicken with investors

BEIJING/SHANGHAI — Like many individual investors in China ... authorities as they try to reduce moral hazard and improve the pricing of risk in China’s financial system: It may require a major WMP blowup to shake investors out of their complacency ... ( read original story ...)