mostlycloudy
Wednesday November 22nd, 2017 2:30AM

China promotes 3 potential central bank leaders

By The Associated Press
Related Articles
  Contact Editor

BEIJING (AP) — Three officials seen as candidates to succeed Chinese central bank governor Zhou Xiaochuan have been promoted to the ruling Communist Party's Central Committee, adding to signs Zhou might be headed for retirement after 15 years in the post.

The officials added to the 204-member Central Committee on Monday include the bank and securities regulators and the party secretary of populous Hubei province.

All three are seen as contenders to succeed Zhou, who is China's most prominent figure in global finance. He is an advocate of market-style reforms and has warned lately about financial risks.

Zhou at 69 is well beyond standard Chinese retirement age but stayed in his post following the last leadership change in 2012 in what was seen as an effort to reassure financial markets.

  • Associated Categories: Associated Press (AP), AP Online Headlines - Washington, AP Online Congress News, AP Business, AP Business - Economy, AP Business - Financial Markets, AP Business - Industries, AP Business - Financial Services
© Copyright 2017 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
China promotes 3 potential central bank leaders
Three officials seen as candidates to succeed Chinese central bank governor Zhou Xiaochuan have been promoted to the ruling Communist Party's Central Committee, adding to signs Zhou might be headed for retirement after 15 years in the post
4:25AM ( 7 minutes ago )
Late show: MLB postseason games stretch to record length
Major League Baseball postseason games have stretched to a record length
4:12AM ( 20 minutes ago )
APNewsBreak: Review to confirm Rohingya 'ethnic cleansing'
APNewsBreak: US officials preparing a recommendation for Secretary of State Rex Tillerson to declare "ethnic cleansing" is occurring against Myanmar's Rohingya Muslims
4:02AM ( 29 minutes ago )
Associated Press (AP)
China's Communist Party inserts Xi into party constitution
China's ruling Communist Party amended its constitution to add President Xi Jinping's name and ideology in an extension of his formidable political sway
12:41AM ( 3 hours ago )
Judge skeptical of need to reinstate Trump health care cuts
An attorney for California was grilled by a federal judge skeptical of a push by 18 states to immediately reinstate "Obamacare" subsidies cut off by the Trump administration
12:19AM ( 4 hours ago )
Ex-Philadelphia district attorney set to be sentenced
Philadelphia's former top prosecutor is scheduled to be sentenced after pleading guilty in a corruption scandal
12:03AM ( 4 hours ago )
AP Business
Judge: Trump's health care cuts don't pose immediate threat
A federal judge says California and other states have protected consumers from the Trump administration's decision to cut off "Obamacare" health care subsidies, so people don't face an immediate threat of higher costs
6:36PM ( 9 hours ago )
Ex-energy regulators denounce Trump bid to boost coal
Eight former members of a federal energy panel _ including five former chairs _ oppose a Trump administration plan to bolster nuclear and coal-fired power plants
6:14PM ( 10 hours ago )
Ex-energy regulators reject Trump bid to boost coal, nuclear
Eight former members of a federal energy panel _ including five former chairs _ oppose a Trump administration plan to bolster nuclear and coal-fired power plants
4:37PM ( 11 hours ago )
AP Business - Industries
10 Things to Know for Today
Among 10 Things to Know: At least 67 civilians found dead in Syrian town taken from Islamic State group; Trump urges House GOP to move quickly on budget, tax cuts; Bergdahl could get life in prison for endangering comrades
6:00AM ( 22 hours ago )
End of an era as Hong Kong stock trading floor set to close
End of an era for Hong Kong's last remaining stock market floor traders as exchange prepares to shut its trading hall, joining other world exchanges in going fully automated
1:12AM ( 3 days ago )
Top Dems nix White House demands to alter health care deal
Top Senate Democrats are rejecting White House demands to change the bipartisan compromise aimed at steadying unsettled insurance markets
5:46PM ( 3 days ago )
AP Business - Financial Services
Late show: MLB postseason games stretch to record length
Major League Baseball postseason games have stretched to a record length
4:12AM ( 20 minutes ago )
APNewsBreak: Review to confirm Rohingya 'ethnic cleansing'
APNewsBreak: US officials preparing a recommendation for Secretary of State Rex Tillerson to declare "ethnic cleansing" is occurring against Myanmar's Rohingya Muslims
4:02AM ( 29 minutes ago )
Tiger Woods set to enter plea bargain for DUI arrest
The diversion program for intoxicated drivers that Tiger Woods is expected to enter is one of several across the country aimed at dropping the number of repeat offenders while helping reduce the backlog of court cases
3:37AM ( 54 minutes ago )
Zendaya, Cate Blanchett preach empowerment at InStyle Awards
Cate Blanchett and Zendaya are among the InStyle honorees who have chosen to use their platform to talk about more than clothes
3:36AM ( 55 minutes ago )
Serial killer fears: Area of Tampa on edge after 3 killings
Police are escorting children to school and a city bus has changed its usual route as a neighborhood near downtown Tampa fears a serial killer may be on the loose
3:34AM ( 58 minutes ago )