Xi Makes Unprecedented Central Bank Visit in Sign of Focus on Economy
- Top leaders visit PBOC, sovereign fund on Tuesday: people
- China battles to boost growth, stabilize financial markets
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Xi Jinping made his first known visit to China’s central bank since he became president a decade ago, according to people familiar with the matter, underscoring the government’s increased focus on shoring up the economy and financial markets.
Xi, along with vice premier He Lifeng and other government officials, visited the People’s Bank of China and the State Administration of Foreign Exchange in Beijing on Tuesday afternoon, said the people, asking not to be identified discussing private information. The vice premier also visited the nation’s sovereign wealth fund, the people added.