Had he not been removed from his post as party chief in 1989 and made a nonperson, mr zhao could well have transformed china. One of the more wellknown china bankers from that era is margaret ren, the daughterinlaw of former chinese premier zhao ziyang, who has worked at. This article examines former chinese premier and general secretary zhao ziyang s policies to respond to a new technological revolution, which resulted from a most unlikely influence. Bac is reinforcing its operations in china with the naming of margaret ren to lead operations in that country. When i made my next research trip to china, zhao ziyang was the countrys premier and i knew. Rural smallscale industry in the peoples republic of china. Citigroup suspends beijing banker related to ex premier.
Recollection of events leading to the first exchange of students, scholars, and scientists between the united states and the. Hong konginvestment banker margaret ren is rejoining bank of america merrill lynch as china executive and chairman, according to a memo seen by dow jones. Ren, daughterinlaw of former chinese premier zhao ziyang, could not immediately be reached for comment. Margaret ren rejoins bank of america merrill lynch as. Baml appoints margaret ren as china chairman south china. Margaret ren rejoins bank of america merrill lynch as china. Ren, who is a daughterinlaw of former chinese premier zhao ziyang, has wide connections in china that may help deliver highprofile. Veteran investment banker margaret ren is rejoining bank of america merrill lynch as china executive and chairman, according to a memo seen by dow jones newswires on tuesday. Bloomberg reports that citigroup suspended investment banker margaret ren, the daughterinlaw of former chinese premier zhao ziyang, in 2004, after the us securities and exchange commission sec. The daughterinlaw of former chinese premier zhao ziyang has been suspended from citigroup for allegedly providing the bank and its regulators with false information.
Im an old friend of your sister peggy and her husband. Update1bnp paribas appoints china banking chairwoman. Bank of americamerrill lynch has appointed margaret ren, a wellknown mainland banker as its new china chairman, according to an internal memo seen by the south china morning post. Bank of americamerrill lynch has appointed margaret ren, a wellknown mainland banker as its new china chairman, according to an internal memo seen by the south china morning post on tuesday. Margaret ren, currently of merrill lynch, is the daughterinlaw of former premier zhao ziyang. Vogel referencesamerican rural smallscale industry delegation. Citigroup suspends two bankers who specialized in china deals by. Deng installed two of his proteges, hu yaobang and zhao ziyang, to launch. July 21, 2011 deng xiaoping and the transformation of china ezra f. Jpmorgan hit by us bribery probe into chinese hiring. How china almost became an american backyard lpthe. Years after her suspension from citigroup for allegedly falsifying documents, former chinese banking star margaret ren has finally received the sec verdict she was hoping for. Hu yaobang, song renqiong, wan li, zhao ziyang 1980 xh. Pdf hu yaobang, song renqiong, wan li, zhao ziyang 1980.
Merrill lynch this week said margaret ren will chair its investment. Bank of america merrill lynch hires margaret ren in mainland push. The china dilemma um research repository university of malaya. Citigroup suspends two bankers who specialized in china. But a rent yantai and hangzhou both in coastal re gions. Potential for political crisis vulnerability of zhao ziyang declassified 2000. Zhao ziyang s vision of chinese democracy its fallen leaders, but also provides a necessary context for interpreting zhao s remarks. The publication of the fourvolume collected works of zhao ziyang will help restore him to his rightful place at the center of the history of chinas reform. In secret memoir, a rare look inside chinas politics. Former citigroup banker cleared in china life case law360. Ren, 48, is the daughterinlaw of former chinese premier zhao ziyang.
Ren is also a daughterinlaw of former premier zhao ziyang. The daughter of former guangdong communist party secretary ren zhongyi, ren is also a daughterinlaw of former premier zhao ziyang. She is considered the first princeling to work with wall street firms. The chinese communist party tried hard to bury and forget zhao ziyang. Ren s runin with the sec hasnt tarnished her reputation in asia. On zongs ideological evolution, see his memoir, lixiang, xinnian, zhuiqiu. Zhao ziyang was a highranking statesman in the peoples republic of china prc. Ren zhongyis reply was that guangdong wouldnt have got where it is today without xiaoping, yaobang and ziyang, the article said, in the first known positive reference to zhao in the chinese. Bank of america merrill lynch names china chairman. Ren, daughterinlaw of zhao ziyang, the former chinese premier, was suspended by citigroup in 2004 after the securities and exchange commission. Zhao ziyang, with bullhorn, made his final appearance in tiananmen square with student protesters on may 19, 1989. Zhao s conditions of house arrest and the conversations zhao spent his fifteenandahalf years of house arrest at number 6 fuqiang hutong, in beijing. Zhao ziyangs vision of chinese democracy openedition journals. Pdf the chief function of the modern chinese press has been enlightenment.