People’s Bank of China New

China has chosen Yi Gang as the new PBOC governor. I want to examine how he will influence the financial policy and regulations, with regard to the local retail and institutional Forex market, as well as payment providers. This question addresses both on the level of the local brokerages and with regard to foreign companies active in the Chinese market. Moreover, who is he, what is his philosophy with regard to the financial industry, and more specifically what is his interaction with foreign financial companies?