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Chairman of China Banking Regulatory Commission (CBRC) Liu Mingkang attends a news conference in Bei..,...

IMAGE number
REU7724166
Image title
Chairman of China Banking Regulatory Commission (CBRC) Liu Mingkang attends a news conference in Bei.., 2003-05-29 (photo)
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Photographer
Wilson Chu
Medium
photograph
Date
2003 AD
Shooting Date
2003-05-29
Image description

Chairman of China Banking Regulatory Commission (CBRC) Liu Mingkang attends a news conference in Beijing May 29, 2003. The CBRC is a new government agency under the State Council of China, and is responsible for the regulation and supervision of banks, asset management companies, trust and investment companies as well as other deposit-taking financial institutions. Liu said on Thursday that China's debt-laden Big Four state banks plan to cut their bad loan ratios by three to four percentage points this year.

Photo credit
REUTERS/Wilson Chu / Bridgeman Images
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