| In the days ahead, the financial pages will convulse with excitement about China’s reserve-currency milestone. On Saturday, Beijing’s desire to unseat the dollar got a big boost as it formally secured the International Monetary Fund’s good housekeeping seal.
But as the yuan enters the IMF’s top-five currency basket, it’s worrisome to see the man behind this breakthrough effectively sidelined. No, Zhou Xiaochuan, People’s Bank of China governor for nearly 14 years, isn’t losing his job..............................................Full Article: Source
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