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China turns up heat with regulators, banks under the microscope amid focus on financial revamp

China will inspect vital finance and economy-related entities as part of a round of discipline inspections amid Beijing’s focus on a financial revamp.

By: scmp.com

Apr 09 2024
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China turns up heat with regulators, banks under the microscope amid focus on financial revamp

China will inspect vital finance and economy-related entities as part of a round of discipline inspections amid Beijing’s focus on a financial revamp.

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China now home to 369 unicorns, with an average value of US$3.8 billion, led by AI and semiconductor firms, report says