Monday, 19 March 2018

Yi Gang named head of People's Bank of China



US-educated economist Yi Gang has been named the next governor of China's central bank, the People's Bank of China (PBOC).

 
Mr Yi has been deputy governor of the bank since 2008, but his appointment was largely unexpected.


It was one of a raft of appointments as the annual sitting of China's rubber-stamp parliament, the National People's Congress, draws to a close.


Other key names include President Xi Jinping's economic advisor Liu He.


He has become one of four vice-premiers, with special oversight of economic and financial matters.




BBC      News.