Beijing reappoints Zhou

After months of deliberation, the Chinese authorities on Monday approved the reappointment of Zhou Xiaochuan as governor of the People's Bank of China.

Members of the National People's Congress parliament voted 94% in favour of Zhou remaining at the helm of the People's Bank.

Rumours abounded late last year that Zhou was to step down in 2008 due to Beijing's disapproval of the governor's support for policies such as foreign share ownership by Chinese investors and the International Monetary F