Governor Chen reveals Beijing’s banking plans. (interview with Chen Mahua, governor of the People’s Bank of China) (interview)

GOVERNOR CHEN REVEALS BEIJING'S BANKING PLANS

GOVERNOR CHEN REVEALS BEIJING’S BANKING PLANS

When China veered towards hyperinflation two years ago, Deng Xiapong called upon one of the toughest troubleshooters around: a 63-year-old lady named Chen Muhua.

Chen, governor of the People’s Bank of China, has succeeded in regaining control of her nation’s financial system, just as she succeeded at previous assignments: keeping Hanoi supplied with arms during the Vietnam War and implementing a one family, one child solution to Chinese overpopulation. And now she is striving to reshape China’s financial system into a more modern, market-oriented form.

Earlier this summer, Chen granted a unique, uncensored interview to Euromoney Editor Neil Osborn in Beijing.

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