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Financial regulation, the PBoC and Zhou’s legacy

Zhou Xiaochuan has ensured the PBoC has a strong voice on China’s new apex stability committee

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The biggest story on China this year for the mainstream media will likely follow the ruling Communist party’s national congress to be held in the autumn, which is set to refresh China’s leadership team. However, the event of the year with regard to banking and finance was the National Financial Work Conference, the two-day closed-door meeting on finance and regulation that concluded in July. It is always a closely watched event because it has attracted government chiefs from all relevant

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