New PBOC chief Pan Gongsheng has a harder job than BOJ's Ueda

First challenge will be to decide on additional monetary stimulus

William Pesek

August 2, 2023 05:00 JST

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New PBOC Gov. Pan Gongsheng, seen here in 2017, is a battle-tested policymaker. © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

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