Caixin OnlineFinance & EconomicsTop Stories Finance Yi Gang: China's Man for Market Logic
12.04.2013 15:50

Yi Gang: China's Man for Market Logic

In an interview, China's foreign exchange chief bows to the market and predicts an end to interest-rate controls
By staff reporters Hu Shuli and Huo Kan

(Beijing) -- Professional experience in academia followed by a 16-year career at the People's Bank of China has given 55-year-old economist Yi Gang deep knowledge of the nation's financial operations and monetary policy process.

Yi, who serves as a central bank deputy governor as well as head of the State Administration of Foreign Exchange (SAFE), spoke in an exclusive interview with Caixin about prudent macroeonomic policy and long-anticipated reforms for the interest rate regime.

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