China’s central bank governor, Zhou Xiaochuan, is set to keep his job next month despite reaching the mandatory retirement age of 65, sources said, in a bid by Beijing’s new leaders to maintain the momentum of financial reform.
Two sources with ties to China’s Communist Party leadership and two senior financial industry sources said that, barring last-minute changes, Zhou, would be made a vice chairman of parliament’s top advisory body to give him “national-level leader” rank that would exempt him from compulsory retirement.
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Benjamin Kang Lim and Victoria Bi, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/jiakMtB6_bE/
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