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China
Xi Jinping hands over reins of banks to Party officials

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4 min read Lire en français

Chinese President Xi Jinping in Beijing, on 30 September 2026.
Chinese President Xi Jinping in Beijing, on 30 September 2026. © Yue Yuewei/Xinhua via AFP

Top jobs at Chinese financial institutions are now being filled based on political criteria, as recent hirings at the country's leading investment bank's research arm demonstrate. This reshuffle has been accompanied by disciplinary investigations and new governance rules.

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