Seventeen years ago, Zhou Xiaochuan, then president of one of China's oldest and largest banks, wrote an essay in an economics bimonthly magazine addressing the hottest policy topic of the day: a controversial new government program that let selected state-owned companies unwind loans they couldn’t repay with massive equity transfers to banks.
People's Bank of China Gov. Zhou Xiaochuan on Sunday stopped short of addressing a key question: Will the 64 year old step down next year when he reaches the retirement age of 65 for a Chinese cabinet minister?
Fear of inflation and hope for reform in China’s monetary policy are both rising. Lesser men might have balked, but People’s Bank of China governor Zhou Xiaochuan is facing the challenge. Reuters Zhou Xiaochuan Two months ago, Mr. Z...
A year ago, central bank governor Zhou Xiaochuan joined a chorus of official voices talking up the nation’s stock markets; this week his office denied he did it again.
China’s policy banks will likely rely on domestic and overseas bond issues for their capital needs in the near term, says central bank chief Zhou Xiaochuan.