Yi Gang makes People’s Congress debut as dilemmas grow

Yi Gang
Yi Gang
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

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