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Opinion

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.

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