China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum ...
The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one ...
Pan Gongsheng, governor of the People's Bank of China (PBOC), during the Lujiazui Forum in Shanghai, China, on Wednesday, June 18, 2025. In 2025, the People’s Bank of China finds itself in a position ...
BEIJING (Reuters) -China’s central bank head pledged on Monday to use a range of monetary policy tools to ensure ample liquidity, try to drive down funding costs and support economic recovery. Pan ...
Forbes contributors publish independent expert analyses and insights. I write about economics, markets and policymaking throughout Asia. As 2026 approaches, Jerome Powell, Kazuo Ueda and Pan Gongsheng ...
China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments. China’s central bank chief Pan Gongsheng ...
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