PBOC challenged on conflict in supervisory role

CHINA - A fierce debate is raging within the Chinese Government over whether to remove from the central bank its role as supervisor of the banks and set up a new organisation that would do a better job.

Such policy debates are usually conducted in secret but the Caijing magazine has provided a rare inside look at this battle for money and power that is intensifying with the country's World Trade Organisation entry and foreign banks moving into the market.

In the past five years, China's financi

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: