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Former China PBOC head urges greater central bank coordination to prepare for future crises

Summary:
[unable to retrieve full-text content]China should push for greater international coordination to deal with the effects of US rate cuts, capital flow concerns and structural weak points in global financial regulation that have been exposed by Facebook’s Libra, a former governor of China’s central bank said on Friday.The comments by Zhou Xiaochuan, who retired early last year after a 15-year tenure as governor of the People’s Bank of China (PBOC), comes as the global economy is buffeted by a prolonged trade war between China and the…

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[unable to retrieve full-text content]
China should push for greater international coordination to deal with the effects of US rate cuts, capital flow concerns and structural weak points in global financial regulation that have been exposed by Facebook’s Libra, a former governor of China’s central bank said on Friday.The comments by Zhou Xiaochuan, who retired early last year after a 15-year tenure as governor of the People’s Bank of China (PBOC), comes as the global economy is buffeted by a prolonged trade war between China and the…

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