China likely to replace Zhou

Zhou Xiaochuan, the governor of the People's Bank of China, is set to lose his job as part of a wide-ranging reshuffle, the details of which will be announced at next week's party congress.

According to reports in the Financial Times, officials and diplomats think Zhou's "activism" during his time as governor has endangered his chances of a promotion.

Policy decisions such as the backing of plans for foreign share ownership for Chinese investors, along with the introduction of the Internation

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