It has been a tough eight months for Yi Gang, the relatively new governor of the People's Bank of China. Photo: AFP / Sonny Tumbelaka
Yi Gang, governor of the People's Bank of China, is facing pressure from his political masters. And that may be a good thing. Photo: AFP / Sonny Tumbelaka
While Xi Jinping versus Jack Ma still gets the headlines, the Chinese president’s most impactful clash may be with Yi Gang. Yi runs the People’s Bank of China (PBOC) these days and is reportedly running afoul of Xi’s Communist Party. From the Wall Street Journal to Reuters, the global media is filled with stories about […]