China appoints state asset chief as new market regulator

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Xiao Yaqing, director of China's state-owned asset regulator, has been appo...

Xiao Yaqing, chairman of the State-owned Assets Supervision and Administration Commission attends a news conference on the sidelines of the National People's Congress in Beijing, China March 9, 2019. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT.

Xiao’s appointment came after the incumbent director of the State Administration for Market Regulation, Zhang Mao, reached the mandatory retirement age of 65.

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looks just like the last guy 😄

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