With mandatory retirement looming and little to lose politically, China’s central banker, Zhou Xiaochuan, used a Communist Party session last November to vent about the lethargic pace of economic reform.
The gray-haired governor of the People’s Bank of China blasted those at the “top” of the government for failing to put forward specific plans to remake the financial sector, according to government officials with knowledge of the meeting. In the audience were the party officials in charge of finance and commerce.
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Bob Davis and Lingling Wei, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/gGpX3Z1FRps/
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