Zhou Xiaochuan, a former governor of China’s central bank, has called for greater policy coordination among central banks. Photo: EPA-EFE

China’s former central bank head urges greater central bank coordination to prepare for future crises

  • Zhou Xiaochuan, a former governor of China’s central bank, says the need for greater policy coordination among central banks is rising
  • Global central banks need new mechanism to tackle economic problems ranging from aggressive US rate cuts to capital flow concerns, Zhou says
Topic |   China economy

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Zhou Xiaochuan, a former governor of China’s central bank, has called for greater policy coordination among central banks. Photo: EPA-EFE
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Frank Tang

Frank Tang

Frank Tang joined the SCMP in 2016 after a decade of China economy coverage and government policy analysis.