Yi Gang makes People’s Congress debut as dilemmas grow

Yi Gang
Yi Gang
Photo: World Economic Forum

China’s central bank is facing a new dilemma as Chinese economic growth is slowing while the stock market begins to show signs of overheating. The central bank governor has pledged to spur loans while “not changing the prudent monetary policy”.

Yi Gang, governor of the People’s Bank of China (PBoC) – successor to “Mr Renminbi” Zhou Xiaochuan – made his debut press conference on Sunday (March 10) during China’s annual National People’s Congress in Beijing. Adding to premier Li Keqiang’s plan of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: