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ICYMI: China made a big change at the country's central bank this week
This puts him in line as the next PBOC governor and is likely a directive for Yi Gang to step down from the post. Yi has been in charge of China's central bank since 2018. As for Pan, he replaces Guo Shuqing as party secretary for the central bank with Guo now officially removed from his post as PBOC vice governor as well.So, what does this tell us?The reshuffle comes amid a time where the post-Covid recovery in China has pretty much come to a complete halt. It also comes as the yuan exchange ra...
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Posted: Jul 4 2023, 10:26
Author Name: forexlive
Views: 080954