Pan Gongsheng and Posen discuss China's policies and global outlook
People's Bank of China (PBOC) Governor Pan Gongsheng met a Peterson Institute for International Economics (PIIE) delegation on October 22, 2026. They discussed the global outlook, financial markets and China's macroeconomic policies.
Posen joins former central bankers
Pan Gongsheng met PIIE President Adam S. Posen and a delegation including former central bank officials and an economist.
Participants included Klaas Knot, former President of De Nederlandsche Bank, and Chang Yong Rhee, former Governor of the Bank of Korea.
Pierre-Olivier Gourinchas, former Economic Counsellor and Director of the Research Department at the International Monetary Fund (IMF), also took part.
PBOC Deputy Governor Xuan Changneng attended alongside Pan.
The meeting took place on October 22, 2026, according to the PBOC's announcement published on October 23, 2026.
The participants exchanged views on international economic and financial developments and China's macroeconomic policies.
Three topics frame the exchange
The PBOC identified the global economic outlook, financial market developments and China's macroeconomic policies as topics of discussion.
Its account did not describe individual participants' views or provide economic projections.
It reported an exchange of views rather than a policy decision, with no announced change to interest rates or other instruments.
The announcement did not specify any agreements, follow-up actions or a date for another meeting.
No policy commitments disclosed
The announcement records policy dialogue, not a change in China's macroeconomic settings.
It gives no account of agreement or disagreement among the participants.
Its disclosed content is limited to the meeting's participants, date and broad agenda.
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