China Central Bank Governor to Be Replaced – Richard McGregor

From Financial Times:

Zhou Xiaochuan , China’s central bank governor, is expected to be replaced in the wake of this month’s Communist party congress – with his chances of a promotion fading, say Chinese officials and diplomats.

Officials, scholars and diplomats familiar with the finance sector gave conflicting accounts of why Mr Zhou’s term at the People’s Bank of China was likely to finish after the congress, which opens on Monday. [Full Text]

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