Xiao Gang, the head of China’s embattled stock markets regulator, is a central bank veteran who has played a crucial role in the reform of the country’s banking sector.
Mr Xiao, 57, left the People’s Bank of China to run the Bank of China group for a decade from 2003, a period that included its initial public offering.
Over that period BoC and other state banks, which according to the World Bank in effect control about 95 per cent of China’s bank assets, went from being basket cases with crippling non-performing loan ratios to global powerhouses that spurred China’s growth through the depths of the global financial crisis.
您已閱讀20%（628字），剩餘80%（2590字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。