Yi may resign as PBoC governor after losing Central Committee seat

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Yi Gang

The Chinese Communist Party (CCP) dropped central bank governor Yi Gang from a ruling body on October 22 and he may now step down.

Yi, 64, previously served as an alternate member of the CCP’s Central Committee. But he was not named as either a full or an alternate member of the committee at the CCP’s twentieth party congress. The lists of 205 full members and 171 alternate members released by state media Xinhua do not include the governor’s name. The key difference between full members and

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