Xiaowen Bi, Benjamin Kang Lim and Kevin Yao, Exclusive: Xi Confidant Emerges as Front Runner to Head China's Central Bank - Sources. Reuters, Feb 23, 2018.
https://www.reuters.com/article/ ... urces-idUSKCN1G719L
Quote:
(a) "Liu He, a Harvard-trained [master's in public administration] economist who is a trusted confidant of Chinese President Xi Jinping, has emerged as the front runner to be the next governor of the People’s Bank of China (PBOC), according to three sources with knowledge of the situation.
(b) "Just before last October's [party] Congress, sources told Reuters that China's banking regulator head Guo Shuqing 郭树清 and veteran banker Jiang Chaoliang 蒋超良 were leading contenders for the PBOC job.
"But at the congress, the influence of the 66-year-old Liu continued to grow. * * *
"Sources previously told Reuters that Liu, a fluent English speaker, is set to become one of China's four vice premiers and would oversee the economy and financial sector.
"Two of the sources said that Liu could serve concurrently as vice premier and head of the central bank.
"Only Zhu Rongji in the early-1990s had held both the posts of vice premier and central bank governor simultaneously. Zhu later went on to become China’s premier from 1998-2003.
My comment: There is no need to read the rest.
|