China: Rumors of the Central Bank Chief’s Defection
By Frontier India | August 30th, 2010 | Category: Asia, Latest | No Comments »Rumors have circulated in China that People’s Bank of China (PBC) Gov. Zhou Xiaochuan may have left the country. The rumors appear to have started following reports on Aug. 28 which cited Ming Pao, a Hong Kong-based news agency, saying that because of an approximately $430 billion loss on U.S. Treasury bonds, the Chinese government [...]
