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Closer PBoC-CBL ties reflect China’s strategic aims, says expert

Central Bank of Libya to enter China’s payment system and bond market

Central Bank of Libya, Tripoli
The Central Bank of Libya, Tripoli
weisserstier (http://bit.ly/3ZB452i)

China’s strengthening of financial links with Libya is likely to reflect a reaction to western countries establishing closer ties with the North African nation, rather than reflecting any greater confidence in Libya itself, an expert tells Central Banking.

The Central Bank of Libya (CBL) announced on July 16 that People’s Bank of China governor Pan Gongsheng had received a delegation in Beijing that included its own governor, Naji Mohammed Issa. This, it said, was part of “ongoing efforts to

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