People: China appoints new monetary policy committee

PBoC

China: The Chinese government unveiled the new structure of the monetary policy committee at the People’s Bank of China (PBoC) on June 15.

The PBoC’s governor, Yi Gang, replaces his predecessor Zhou Xiaochuan as chairman of the institution’s monetary policy committee. Yi became governor in March, as Zhou finished a spell of more than 15 years at the helm of the central bank.

Additionally, three new academic members join the panel: Liu Shijin, vice-chairman of the China development research

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