Yi Gang: China's Forward-Thinking Forex Chief
(Beijing) -- China's foreign exchange reserves reached an extraordinary US$ 3.66 trillion as of October 1, up from about US$ 2 trillion in July 2009 when People's Bank of China Deputy Governor Yi Gang was given a dual position as administrator of the State Administration of Foreign Exchange (SAFE).
Yi has thus presided over a period of dramatic growth for the nation's forex reserves, supervised by SAFE under the control of the central bank. He has also personally experienced every notable twist and turn in China's evolving financial sector since joining the central bank in 1997 and winning the deputy governor position in 2007.
- Which Way for Smartphone Swipe and Pay?
- Do you have faith in the central government's plans for cutting air pollution?
- Media Executive Who Ignored Mobile Internet Takes His Leave
- Chinese Firms 'Want to Build Bullet Trains for California Project'
- Outspoken Real Estate Boss Says He Is Retiring
- Investors Kick Tires on Auction Websites for Second-Hand Cars
- Courageous Steps Needed to Develop Rule of Law
- Luxury Complex
- Beyond Bars
- Caixin Podcast: Apple's Cloud of Suspicion
- Sign up to receive our free daily newsletter
- The Yellow Pearls of China: Women with a PhD
- Graphics: Ghost Towns
- Researchers Cast Doubt on State Council Goals to Cut Air Pollution
- China Nears Deal with Mexico to Export Bullet Trains for First Time
- Eight Killed and 18 Injured in Riot in Kunming Suburb, Local Gov't Says
- Graphics: The Fourth Plenum
- Huge Vale Ship Arrived in Qingdao with 300,000 Tons of Iron Ore
- Revision of Securities Law Is Chance to Liberalize Market
- The Golden Lands: Cambodia, Indonesia, Laos, Myanmar, Thailand & Vietnam
- Silver Screen Industry Strikes Investor Gold