China Central Bank Names Two Vice Governors; Wu Exits – Li Yanping

From Bloomberg:

China appointed Yi Gang and Ma Delun as vice governors of the central bank as the government reshuffles jobs after the twice-a-decade Communist Party congress in October.

The State Council, China’s cabinet, approved the promotions from assistant governors on Dec. 23, the People’s Bank of China said in a statement on its Web site today. Wu Xiaoling, 61, formerly the vice governor overseeing monetary policy, exited.

The appointments haven’t ended speculation that a bigger move is possible: the replacement of Governor Zhou Xiaochuan, 59, now that he’s served five years in the role. He presided over the first change in currency policy in a decade as China ended a peg to the dollar and revalued the yuan in 2005. [Full Text]

Categories :

Tags :,

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.