Barry Naughton on the Success of Chinese Bank Leaders
China’s PBOC Chief Search Spurs Focus on Finance Regulators
11/27/2012
Bloomberg Businessweek
China’s likely search for a successor to Zhou Xiaochuan as central bank chief is spurring focus on the nation’s banking and securities regulators as the incoming Communist leadership overhauls top government positions.
Guo Shuqing, 56, and Shang Fulin, 61, have both run one of China’s four largest banks, worked as a deputy central bank governor and currently head regulatory agencies -- matching the profile of Zhou, 64, when he took the helm of the People’s Bank of China in 2002.
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Barry Naughton is Sokwanlok Chair of Chinese International Affairs. He is the professor of Chinese Economy at the School of International Relations and Pacific Studies. His work focuses on issues relating to industry, trade, finance, and China's transition to a market economy. Recent research emphasizes on regional economic growth in the People's Republic of China and the relationship between foreign trade, investment and regional growth.
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