Tag: China's central bank

• Monday, March 19th 2018 - 08:52 UTC

  Next chief of China's central bank was educated in University of Illinois

  

  US-educated economist Yi Gang has been named the next governor of China's central bank, replacing Zhou Xiaochuan. Mr Yi joined the People's Bank of China (PBOC) 20 years ago and has been its deputy governor since 2008. His appointment is being seen as one of ensured continuity as Beijing continues to try and rein in growing debt and limit risky financial practices.