China’s new central bank boss to accelerate renminbi internationalisation

Pan Gongsheng is expected to further reform China’s capital markets.

Han Shih Toh

July 18, 2023

Following his appointment as the new leader of the People’s Bank of China (PBOC) at the start of the month, Pan Gongsheng will likely accelerate the internationalisation of the renminbi (RMB) and continue to liberalise China’s capital markets, experts suggest.

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