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Chinese authorities have launched disciplinary investigations into Fang Xinghai, the former vice chairman and CSRC member, for suspected serious violations of law and party discipline, with the CCDI and the National Commission of Supervision leading the probe. This ongoing action signals Beijing's continued crackdown on senior financial officials as it seeks to stabilize the capital markets.
Fang Chengguo was a Chinese senior banker, governor/president of the Bank of Communications, and vice-president of the Agricultural Bank of China.
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