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China finance minister &, PBOC Governor to both stay on, an unexpected continuity signal

On Sunday China's new Premier Li Qiang nominated Yi Gang to remain governor of the People's Bank of China (PBOC) and Liu Kun to stay on as finance minister.

This is being interepreted as President Xi Jinping opting for a measure of continuity in key economic policymaking posts. Yi was appointed as PBOC governor in 2018 but had been had been widely expected to retire after being left off the ruling Communist Party's Central Committee during the party's once-in-five-years congress in Oct... Read More

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Content Topics

China

Finance

Minister

Pboc

Governor

Both

Stay

Unexpected

Continuity

Signal

Forex

Posted: Mar 12 2023, 03:04

Author Name: forexlive

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