Rumoured to be on the verge of elevation to becoming China's supreme bank regulator, we spoke to Liu Mingkang in his current offices at the Bank of China's spectacular Beijing headquarters. Chairman Liu Mingkang explains why Bank of China has moved into new territory.
What are the main themes of your strategic thinking at the moment
We have planned a reform path and we are making solid progress. We have said goodbye to the scandals of before. We have a system and mechanisms that work. Every year, we are making incremental improvements. Take the issue of non-performing loans. We have kept the ratio of new NPLs since 2000 at first-world...