China’s next central bank chief will owe a debt to Zhou Xiaochuan

In a Financial Times op-ed, China Markets Research Director Logan Wright reflects on Zhou Xiaochuan's 15-year tenure as head of the People’s Bank of China.

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In a Financial Times op-ed, China Markets Research Director Logan Wright reflects on Zhou Xiaochuan's 15-year tenure as head of the People’s Bank of China.

The next governor would do well to take lessons from Mr Zhou, who played a weak hand in China’s bureaucracy very skillfully, Wright observes, affecting policy beyond the bounds of his official station.