RMBi, risk prevention on Zhou’s handover list

Noah Sin

March 13, 2018 03:15 am

zhou xiaochuan 230px — (170310) -- BEIJING, March 10, 2017 (Xinhua) -- Zhou Xiaochuan, governor of the People's Bank of China (PBC), leaves after a press conference on financial reform and development for the fifth session of the 12th National People's Congress in Beijing, capital of China, March 10, 2017. (Xinhua/Li Xin) (zkr) (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

As he heads towards the exit, Zhou Xiaochuan, the governor of the People’s Bank of China, is not only handing over the baton of RMB internationalisation to his successor, but to market participants as well. He also insisted the central bank will not let risk prevention get in the way of further reform.

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Regulation China Regulation and Policy China Asia Regulation People and Markets Asia Greater China Northeast Asia China Asia Pacific EM People and Markets Emerging Markets China People and Markets

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Noah Sin