Chinese central bank governor Zhou Xiaochuan is expected to retire soon. Photo: Xinhua

Turf wars and risk aversion: China’s pro-market central bank boss ‘leaves note’ to next generation

Institutional obstacles block the country’s path to a freer market and won’t be moved in the short term, analysts say

Topic |   China economy

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Chinese central bank governor Zhou Xiaochuan is expected to retire soon. Photo: Xinhua
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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.

Sidney Leng

Sidney Leng

Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.