U.S. Secretary of State Antony Blinken warned of China’s “problematic behaviour” during a visit to the Pacific island nation of Tonga on Wednesday, citing Beijing’s militarisation of the South China Sea and what he called…
Tagged By financials
Pan Gongsheng: Can China’s new central bank boss fix its economy?
China has named Pan Gongsheng as the new governor of its central bank, the People’s Bank of China (PBOC). The 60-year-old’s appointment comes as the country continues to struggle with major economic …
Who is the new boss of China’s central bank?
Pan Gongsheng succeeds Yi Gang, who has been governor of the People’s Bank of China since 2018.
China’s Central Bank Governor Comes With Hawkish Record on Risks
China’s newly appointed central bank Governor Pan Gongsheng comes with a strong record of tackling financial risks, from managing the currency to cracking down on the property market.
Explainer: China’s politburo meeting leaves many economic headaches unaddressed
China’s leadership pledged at a key Communist Party meeting this week to support the economy through a “tortuous” post-pandemic recovery, but offered very little detail on specific measures, causing mixed feelings among investors and economists.
GIC bets on China after scoring 8-year-high real returns
Singapore sovereign wealth fund GIC, one of the world’s biggest investors, plans to continue investing in China despite geo-political tensions after chalking up its best showing in eight years in the …
Senate Targets China, Voting to Restrict Farmland Purchases and U.S. Investment
Senators voted overwhelmingly to block Chinese businesses from buying farmland and mandate that American investment in the country’s national security industries be tracked.
China’s New Central Bank Chief Brings Harvard, Cambridge Connections Amid Strained Foreign Ties
Pan Gongshan takes up post amid strains in China’s international ties, worries about growth in world’s second-largest economy …
China’s New Central Banker Once Fixed a Crisis. He May Need to Again.
Pan Gongsheng, who was named governor of the People’s Bank of China after overseeing $3 trillion in reserves, stopped a currency plunge in 2016.
Is China’s Economic Miracle Fading? A Look At The Hurdles Ahead
China faces significant long-term economic challenges due to a declining birthrate, massive debt, and a changing global attitude towards Chinese trade and investment.
China ramps up macro control for stable economic growth
China’s top economic planner has mapped out measures to restore and expand consumption in a wide-ranging plan to bolster growth. Detailed plans on promoting the consumption of automobiles, electronic products, and household items have been…
China appoints new central bank governor as economy flags
China replaced its central bank chief on Tuesday, state media said, as the world’s second-largest economy struggles to revive flagging growth. Economist Pan Gongsheng will take the place of outgoing …
China names Pan Gongsheng new central bank governor as twice-a-decade finance conference approaches
Pan Gongsheng formally replaces Yi Gang at the helm of the People’s Bank of China Analysts say Pan’s many years of experience at the central bank give him a critically important vantage point from …