摘要
Apossible personnel change within the People＇s Bank of China （PBOC）, the country＇s central bank, may hint that China＇s long- held mission of making the yuan an international currency is about to be injected with fresh impetus. Li Bo, the director of the bank＇s second monetary policy department, is set to assume the director＇s role at the monetary policy department, which undertakes the primary functions of central banking, Reuters reported on April 15, citing unidentified sources with knowledge of the matter. Li, with a doctorate from both Stanford and Harvard Universities, has been responsible for managing the country＇s foreign exchange policy and the local currency＇s internationalization, said the report. He would be a good choice for the post, as advancing the yuan＇s international use is on the PBOC＇s list of priorities for the year.
