ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China's central bank drama

For investors, the PBOC succession story will come center stage

| China
Zhou Xiaochuan, outgoing governor of the People's Bank of China, has been involved in China's major reforms in the past 15 years.

Chinese President Xi Jinping's "new era" looks anything but fresh. All six comrades he chose to help run China are in their 60s, likely to retire at the end of this five-year term. By pointedly not naming any potential heirs, Xi telegraphed that he may remain the helmsman for quite some time.

But the sexagenarian foremost on investors' minds these days should be Zhou Xiaochuan, a lame duck as governor of the People's Bank of China. Beijing's most forceful economic reformer turns 70 in January, and it will be the end of an era that spanned three presidencies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more