China's Financial Shake-Up: Zhou Liang Removed

China has dismissed Zhou Liang from his position as deputy head of the financial regulator. Previously under investigation by the top anti-graft body for alleged violations, his removal highlights ongoing efforts to address corruption within the financial sector.

China has announced the removal of Zhou Liang from his role as deputy head of the financial regulator, according to a report by Xinhua, the official news agency, on Tuesday.

Zhou, who also served as vice minister of the National Financial Regulatory Administration, came under scrutiny last month by the country's leading anti-corruption body for purported violations of law and discipline.

His dismissal is part of broader efforts by the Chinese government to combat corruption within its financial sector, reflecting the administration's ongoing commitment to uphold legal and ethical standards.