Yi Gang

Pan Gongsheng, a well-known critic of Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) and other cryptocurrencies, has been appointed as the leading official of the People's Bank of China (PBOC) by the Communist Party of China. What Happened: Quoting a Wall Street Journal report, The Block...

The governor of the People's Bank of China recently said that China can phase out currency intervention by gradually reducing the amount and frequency of its forays into the market.  Speaking in a seminar during the International Monetary Fund (IMF) and World...

Federal Reserve Chair Jerome Powell and People's Bank of China, or PBoC, Governor Yi Gang reportedly met in Washington this week for their first one-on-one talk since 2020. What Happened: Yi and Powell discussed the economic and financial situation in the two largest economies during their meeting...

The People’s Bank of China Governor Yi Gang reportedly said the central bank will nudge lenders to increase loans to the infrastructure, manufacturing and property sectors to better support the economy. Yi asserted a vow to “step up the implementation of a...