They got a reminder about the risks of such extrapolations when Pan Gongsheng was shakeup at China's central bank has poured cold water on speculation that the named the top Communist Party official at the People's Bank of China.
The move potentially puts Pan in the running for PBOC governor and was viewed as a signal of policy continuity at the institution, which in 2021 declared all crypto-related transactions illegal.
The appointment Saturday also surfaced some historic but unusually colourful comments for a Chinese bureaucrat, which Pan made in the midst of an earlier clampdown on crypto.
Diese Geschichte stammt aus der July 05, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der July 05, 2023-Ausgabe von Mint Mumbai.
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