Central Banks
Xi’s Central Bank Shakeup Prioritizes Continuity Over Change
- Technocrat Pan’s appointment signals no major policy shifts
- Analysts see PBOC losing clout in shaping economic policy
Xi Jinping
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Sign up for Next China, a weekly email on where the nation stands now and where it's going next.
Chinese President Xi Jinping’s elevation of a long-serving technocrat as the central bank’s top Communist Party official signals policy makers will avoid any drastic shifts for now as the world’s second-biggest economy struggles to regain momentum.