New Publication in the Asia Pacific Law Review (2026)

A new article by Dr Lerong Lu (King's College London) and Dr Ci Ren (University of Leeds), titled “Lender of Last Resort in China: Operating Mechanism, Legal Foundation, and the Financial Stability Implication,” has been published in Volume 34 of the Asia Pacific Law Review (2026). The article examines the legal and institutional foundations of … Continue reading New Publication in the Asia Pacific Law Review (2026)

L Lu, ‘Private Banks in China: Origin, Challenges and Regulatory Implications’ in BFLR (2016), Vol. 31(3)

In July 2016, Dr Lerong Lu published an article in the Banking & Finance Law Review, investigating China's latest financial reform to open up its banking sector to private investors. For a long time, China's banking sector has been dominated by state-owned lenders, such as the "Big Four": the Bank of China (BOC), the China Construction … Continue reading L Lu, ‘Private Banks in China: Origin, Challenges and Regulatory Implications’ in BFLR (2016), Vol. 31(3)