People's Bank of China (PBoC) Governor Pan Gongsheng (pictured) said the bank's current monetary policy leaves room for adjustment. At the same time, Gongsheng stated that PBoC would not cut the rates too aggressively and too soon to reduce the risk of a falling yuan.On December 20, the...
The Bank of Japan (BoJ) issued a statement on Wednesday announcing that its Governor Kazuo Ueda will meet with his counterparts from the People's Bank of China (PBoC) and Bank of Korea (BoK), Pan Gongsheng and Rhee Chang-yong, respectively.Their encounter will be held in China on October...
People's Bank of China (PBOC) Governor Pan Gongsheng said Wednesday that financial plans for 2024 include the implementation of a "prudent monetary policy" and the creation of a credit market department.
During a press conference, the governor said that for the year ahead, his...
People's Bank of China (PBoC) Governor Pan Gongsheng said on Sunday that the central bank will "improve mechanisms for financial risk prevention, warning and management" in order to limit the already "generally controllable" risks. He told Xinhua the PBoC will also protect against risks related to...
People's Bank of China (PBoC) Governor Pan Gongsheng (pictured) emphasized the importance of a prudent monetary policy and providing a supportive financial environment to stabilize prices in order to support stable economic growth.
While speaking to state-backed Securities Times, Pan highlighted...
China appointed Pan Gongsheng (pictured) as the new governor of the People's Bank of China (PBoC), Xinhua reported on Tuesday.
Pan, who has been the deputy governor of the PBoC since 2012, will replace Yi Gang, who led the bank since 2018. The decision was made during the fourth session of...
The People's Bank of China Deputy Governor Pan Gongsheng (pictured) will be appointed as the next PBoC governor, The Wall Street Journal reported, citing anonymous sources briefed on the situation. Pan, a deputy governor for nearly 11 years, is expected to take over as the bank's Communist Party...
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