Logo 14 Apr 2026

Former PBoC governor says now is time to push RMB internationalization

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Former central bank (PBoC) governor Zhou Xiaochuan thinks China has a “golden window” to push RMB internationalization.

Zhou, who helmed the PBoC from 2002-2018, made the remarks at a monetary policy forum in Shanghai.

His argument: US protectionism has weakened confidence in the dollar, opening s...