Chinese financial media reports that 2 NPC members urge more Party control over PBOC

A piece in China Securities Times reports that two lawmakers at the National People’s Congress (NPC) have urged tighter Chinese Communist Party control over the People’s Bank of China.

This is not going to news welcomed by foreign investors in China, All of them will know its not sensible to have politicians meddline in central bank operations. All of them will also be even more skeptical of Communist Party hacks doing so.

People’s Bank of China Governor Pan

This article was written by Eamonn Sheridan at Source