Pan and Draghi exchange views on global economic outlook
PBOC News

Pan and Draghi exchange views on global economic outlook

People’s Bank of China (PBOC) Governor Pan Gongsheng met Mario Draghi, Stephen Orlins and Peng Zhao on October 23, 2026. They exchanged views on the global economic outlook, financial markets and China’s macroeconomic policies.

Global outlook meets domestic policy

Governor Pan Gongsheng met Mario Draghi, former Prime Minister of Italy and former President of the European Central Bank, on October 23, 2026.

Stephen Orlins, President of the National Committee on U.S.-China Relations, and Peng Zhao, CEO of Citadel Securities, also participated.

Xuan Changneng, Deputy Governor of the PBOC, attended the meeting.

Participants exchanged views on the global economic outlook, financial market developments and China’s macroeconomic policies.

The PBOC notice identifies these subjects but does not describe individual participants’ views or attribute specific comments to them.

It reports no agreement or policy decision.

A meeting without policy specifics

The notice identifies Draghi through his former Italian government and European Central Bank roles, Orlins through his U.S.-China relations organization and Zhao through Citadel Securities.

It gives no economic forecasts, policy rates or implementation dates, and does not specify a meeting location.

The publication date is October 23, 2026; a separate page footer lists November 29, 2018 as the last update, predating the reported meeting.

Discussion, not a decision

The notice documents an exchange of views rather than a policy commitment.

It provides no account of agreement or disagreement on the topics discussed.

Its stated scope does not establish any change in China’s macroeconomic policies.

Report an error