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China’s Central Bank Is Massive

The People’s Bank of China employs more than 127,000 people

Incoming People’s Bank of China governor Yi Gang has an enormous job on his hands, merely in terms of the number of people he will now manage. China’s central bank employs about 127,000 people, more than twice as many as the next largest monetary authority, the Central Bank of Russia. The PBOC has more staff than the next nine biggest central banks combined or, to put it another way, more staff than Apple Inc. or Microsoft Corp.

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