CDB's market credentials

The CDB is increasingly market-oriented, says governor Chen Yuan, and prospects for the bank are bright.

It's a typical Beijing winter's day freezing cold and filled with sunshine. Fortunately, the modern headquarters of the China Development Bank in the west of Beijing is well heated, and in any case governor Chen Yuan seems completely unaffected by the weather.

Tall and dignified, Chen looks every inch the scion of a successful family. His father, a household name, was a top economist whose career spanned the turbulence of the Mao Zedong period - during which he opposed the Great Leap Forward - to the more orthodox days of China's opening up and reform under Deng Xiaoping.

Chen Yuan is also an economist, and he has made the China Development...

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