Outspoken former finance minister Lou Jiwei opened fire on the People’s Bank of China (PBOC) for its regulator failures. Photo: Simon Song
Outspoken former finance minister Lou Jiwei opened fire on the People’s Bank of China (PBOC) for its regulator failures. Photo: Simon Song

China central bank dismisses criticism of its financial regulation, urges ‘realistic’ appraisal of environment

  • China’s central bank has hit back at criticism of its regulatory failures by outspoken former finance minister Lou Jiwei over the weekend
  • The disagreement among Beijing’s economic policymakers comes amid heightened concern about risk in some parts of the financial system

Topic |   Central banks
Outspoken former finance minister Lou Jiwei opened fire on the People’s Bank of China (PBOC) for its regulator failures. Photo: Simon Song
Outspoken former finance minister Lou Jiwei opened fire on the People’s Bank of China (PBOC) for its regulator failures. Photo: Simon Song
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