Yi Gang, governor of the People’s Bank of China, takes questions from the media on the sidelines of the National People’s Congress in Beijing on March 10. Photo: Simon Song
Hao Zhou
Opinion

Opinion

Hao Zhou

China’s slowing economy gives its central bank chief the chance to make his mark on monetary policy history

  • As pressure grows on China’s leaders to increase funding for small and medium-sized enterprises, it’s the right time for the People’s Bank of China to scrap its benchmark rates and let market-based interest rates be the new anchor

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Yi Gang, governor of the People’s Bank of China, takes questions from the media on the sidelines of the National People’s Congress in Beijing on March 10. Photo: Simon Song
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