China has appointed a new Party chief of the National Financial Regulatory Administration (NFRA), filling the vacancy left by Li Yunze whose profile was abruptly scrubbed from the regulator’s website last month.Ding Xiangqun will take the key financial regulatory position to oversee banks and insurers with combined assets of over 500 trillion yuan (US$73.89 trillion), according to a statement posted on the NFRA website yesterday.Ding has been appointed Party secretary of the regulator, while...