Zhou Xiaochuan

The Black Swan's real name is Minsky

There is innovation in financial jargon as new terms and metaphors keep popping up.

News (Hong Kong)

China Shouldn't Rapidly Push Internationalized Yuan, Zhou Says

The internationalization of the yuan has happened “earlier than expected,” but China should be keeping a low profile and not push it aggressively, …

China

Former central bank governor: Yuan's internationalization is progressing

SHANGHAI (Reuters) - The internationalization of the renminbi has made progress, Zhou Xiaochuan, former governor of China's central bank, said on Saturday.<p>"The internationalization of the renminbi is not a linear progress. It will move faster when there are opportunities to do so. Sometimes, it …

China

China Reshuffles PBOC Monetary Policy Panel

China reshuffled its central bank monetary policy committee, naming three new academic members and making Governor Yi Gang the 14-member panel’s …

News (China)

Analysis: Challenges Lie Ahead for China’s New Financial Regulators

Soon after Zhou Xiaochuan, the then-party secretary and governor of China’s central bank, finished his journey to Buenos Aires, Argentina, last month …

News (China)

Why It’s Been a Big Week for the World Economy

It’s been a big week for the world economy.<p>President Donald Trump imposed the tariffs on China he’s long threatened, the People’s Bank of China got a …

Economy

Chinas Notenbank zieht nach US-Zinserhöhung geldpolitisch nach

Shanghai (Reuters) - Nach der Zinserhöhung in den USA zieht auch China die geldpolitischen Zügel etwas an.<p>Die Notenbank PBOC erhöhte den …

Buenos Aires

Opinion: Yi’s the Man

On Monday, the State Council ended the long-running guessing game about who would become the next governor of the People’s Bank of China (PBOC) when …

News (China)

China’s Silence at G-20 Underscores Communication Challenges

At the Group of 20 meeting in Buenos Aires, a top U.S. Treasury official lambasted China’s trade practices. The chief American trade representative …

Buenos Aires

Yi Gang To Head China's Central Bank

Yi Gang, an American-trained economist who taught at the University of Indiana, will take over as governor of the People's Bank of China. Since 2008, …

Business

Former PBOC governor: China will continue to adopt proactive fiscal, neutral monetary policies

BEIJING (Reuters) - China will continue to adopt a proactive fiscal policy and prudent and neutral monetary policy, the country’s former central bank governor said during the meeting of the Group of 20 finance ministers and central banks.<p>Zhou Xiaochuan, former governor of the People's Bank of China …

Economics

Bitcoin machine vendors pressured

Over 6,000 Bitcoin mining machines work continuously at a power station in Southwest China's Sichuan Province in April 2017. Photo: IC<p>The recent drop …

Cryptocurrency

New face of People's Bank of China

China has elevated a key confidante of President Xi as part of a broad reshuffle of government positions that now mostly consist of his Communist …

Business

Morning Brief: Apple secretly developing its own MicroLED screens

Monday, March 19, 2018<p><b>What to watch today</b><p>There aren’t any notable market-moving economic events on the schedule for Monday. Everyone, however, will …

Donald Trump

Yi Gang's appointment as new PBOC governor 'not a surprise': CIO

Yi Gang has been working with outgoing PBOC governor Zhou Xiaochuan for more than 10 years and the markets are likely to welcome his appointment, …

CIO

Asian Equities Mixed; Yi Gang Named New China Central Bank Chief

© Reuters. Asian equities were mixed in morning trade<p>Investing.com – Asian equities were mixed in morning trade on Monday. Personnel changes in …

Stock Markets

China nominates Yi Gang as central bank governor | Financial Times

China’s parliament has nominated US-educated economist Yi Gang as the country’s new central bank governor, according to a report from the state news …

Central Banks

China Central Bank Gets First New Governor in 15 Years

Yi Gang, deputy governor of the People’s Bank of China (PBOC), has been named the new head of the central bank, <b>succeeding Zhou Xiaochuan</b>, who has …

News (China)

Brace Yourselves. It's Going to Be a Particularly Busy Week in the World Economy

Investors and policy makers should get some rest this weekend: For those tracking the world economy, next week is shaping up to be one of the busiest …

Economy

China's Yi Gang nominated as new central bank governor: parliament delegates

BEIJING (Reuters) - Yi Gang, a vice governor of the People’s Bank of China (PBOC), has been nominated to replace Zhou Xiaochuan as the head of the Chinese central bank, parliament delegates told Reuters on Monday.<p>Yi Gang, deputy central bank governor of the People's Bank of China, attends a news …

China

China to appoint Yi Gang as new central bank governor: Wall Street Journal

© Reuters. Yi Gang, deputy central bank governor of the People's Bank of China, attends a news conference in Beijing<p>SHANGHAI/BEIJING (Reuters) - …

World Economy

Zhou Xiaochuan: Central Bank Governor Who Modernized China’s Financial System

Zhou Xiaochuan, the face of China's financial system for 15 years, is expected to officially step down as governor of the People's Bank of China …

News (China)

China’s next central bank chief will owe a debt to Zhou Xiaochuan | Financial Times

China is about to have its first new central bank governor in 15 years. Zhou Xiaochuan on Friday presided over what was presumed to be his last press …

Central Banks

Beijing to set up standard organ for blockchain and distributed ledger technologies

China’s Ministry of Industry and Information Technology announced Monday its plans to set up a national committee for the standardization of …

Technology (China)

China Will Move Slowly to Regulate Cryptocurrency: Central Bank Governor

While it does not recognize bitcoin as a payment tool, China recognizes that digital currency is inevitable and is in no hurry to regulate …

Cryptocurrency

Cash May Disappear in China as Payments Go Digital, PBOC Says

Just because China’s financial regulators are cracking down on cryptocurrencies doesn’t mean they’re souring on the idea of digital money.<p>People’s …

Tencent Holdings

Consumer prices pop in China

Consumer prices in China increased 2.9% in February to top the 2.5% consensus estimate of economists and almost double the 1.5% rise in January.<p>The …

Business

China not in hurry to develop digital currency: central bank governor

China is in no hurry in developing a digital currency, Zhou Xiaochuan, the country's central bank governor, said here Friday.<p>The development of a …

Central Banks

PBOC governor says Bitcoin not a legitimate method of payment

BEIJING (Reuters) - China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday.<p>"We do not currently recognize Bitcoin and other digital currencies as a tool like paper money, coins and credit cards for …

Business

China to rely less on economic stimulus as it battles risks: central bank governor

BEIJING (Reuters) - China is moving beyond its traditional dependence on rapid credit growth and investment and will rely less on stimulus to boost its economy in future, People’s Bank of China Governor Zhou Xiaochuan said on Friday.<p>Zhou Xiaochuan, Governor of the People's Bank of China, attends a …

News (China)