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China Appoints Cheng Fubo as Communist Party Chief of State Asset Regulator in Key Leadership Shake-Up

China has appointed veteran aerospace executive and politician Cheng Fubo as the new Communist Party chief of the country’s top state asset regulator, marking another significant leadership change in Beijing’s management of its vast state-owned enterprise (SOE) sector. The appointment was announced on Tuesday by the State-owned Assets Supervision and Administration Commission (SASAC), the powerful […]