Category Archives: Yuan devaluation

A Fallen Angel; By K. Subramanian

CAS article no. 0033/2016 Courtesy: Chennai Centre for China Studies This is the story of the fall of Mr. Xiao Gang, Chairman, China Securities Regulatory Commission (SCRC). Official Xinhua News Agency announced on Saturday (20thFebruary) that he has been forced out of the office as China’s chief regulator. It was reported to be a criticism of his role in amplifying the country’s stock market turbulence. In authoritarian regimes such as… Read Article →