China c bank chief vows reform as banker is sacked

CHINA - Central bank chief Dai Xianglong vowed on Tuesday to push gradual reforms and tighter supervision in China's first year as a WTO member as he confirmed the sacking and probe of a top commercial banker over problem loans.

"It will be a priority of China to establish and perfect a healthy financial system," Dai, governor of the People's Bank of China, told an annual news conference.

Shoring up ailing state banks, freeing tightly controlled interest rates and moving towards a fully convert