Central Banks
Yi Gang Ends PBOC Governor Tenure Marked by Restrained Policy
- Yi regarded by international investors as a liberal technocrat
- Likely to be remembered for ‘normal’ monetary policies
Yi Gang
Photographer: Samuel Corum/BloombergThis article is for subscribers only.
Yi Gang ends a five-year tenure at the helm of China’s central bank that’s been marked by a restrained policy approach focused on moderate stimulus and reducing financial risks in the economy.
He was removed from his position by the National People’s Congress Standing Committee on Tuesday, according to the official Xinhua News Agency.