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Yi Gang

Chinese economist who served as governor of the People's Bank of China from 2018 to 2023.
In plain English

Chinese economist who served as governor of the People's Bank of China from 2018 to 2023.

Yi Gang led the People’s Bank of China from 2018 to 2023, steering Chinese monetary policy through the US–China trade war and the pandemic. Trained in the US, he was seen as a reform-minded technocrat and was known for a cautious, measured approach rather than huge stimulus.

During his tenure, the PBOC also pushed ahead with testing a digital yuan. Traders watched his comments for signals on the yuan.

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