China Probes Financial Regulator Deputy Head Zhou Liang

Chinese state media reported Tuesday that Zhou Liang, the deputy head of the financial regulator, is being investigated for suspected violations of the law.

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The deputy head of China's primary financial regulatory body is currently under investigation for alleged violations of law and discipline. State media outlet CCTV reported on Tuesday that Zhou Liang, who serves as the vice minister of the National Financial Regulatory Administration, is the subject of the probe.

Vice Minister Zhou Liang of the National Financial Regulatory Administration addresses the Global Financial Leaders’ Investment Summit in Hong Kong, China, on November 4, 2025. Photo: REUTERS/Tyrone Siu
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