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China 'to set up new anti-graft office'

BY Reuters |

China will set up a new anti-corruption bureau under its top prosecutor, a senior official said, in an attempt to streamline an aggressive campaign against graft.
China's M&A watchdog halves time taken to approve deals

BY Reuters |

China's M&A watchdog is getting much faster at approving both domestic and foreign deals, cutting legal costs for companies and marking a shift in the outlook of a regulator that has been a thorn in the side of bankers since its creation.
China's banking regulator orders lenders to improve controls

BY Reuters |

China's banking regulator has issued revised internal control guidelines for banks to ensure that appropriate risk management controls are adopted, while increasing penalties for any violations, the regulator said on Sunday.
Taiwan probes Xiaomi on cyber security

BY Reuters |

The Taiwanese government is investigating whether Xiaomi Inc, China's leading smartphone company by domestic shipments, is a cyber security threat and will make a decision within three months.
China regulator to slowly loosen currency controls

BY Reuters |

China will gradually loosen its foreign exchange restrictions under its capital account as the next step in its economic reforms, the currency regulator said on Thursday.
China antitrust unit visits medical devices, semiconductor firms in Shanghai

BY Reuters |

A Chinese anti-monopoly team visited medical devices and semiconductor firms in Shanghai at the start of September, the country's Ministry of Commerce said in a statement on Thursday, without making clear the purpose of the visit.
Top Chinese former planning official 'under investigation'

BY Reuters |

A former director at China's powerful economic planning agency who oversaw pricing is being investigated, financial news magazine Caixin reported on Wednesday, the latest high-level official from the department to be probed.
Will punish all firms that violate laws: China

BY Reuters |

Companies operating in China will be punished if they violate laws, regardless of whether they are domestic or foreign firms, a senior official at the country's economic planner said on Wednesday.
China gives green light for 3 private banks

BY Reuters |

China's banking regulator has approved the setting-up of three new banks wholly funded with capital from private firms, mostly with regional roots, which will introduce the first private lenders into a sector dominated by state giants.
China regulator 'mulls tighter controls on life insurers'

BY Reuters |

China's insurance regulator is considering new measures that will brake firms' capacity to launch life insurance plans in the rapidly growing industry as part of moves to reduce the risk of defaults in the sector, according to local media reports.