Xi confidant emerges as front runner to head PBoC

Very important: When then-US National Security Adviser Tom Donilon visited Beijing in 2013, Xi introduced Liu as “very important to me”. — Reuters

Liu He is also expected to become vice premier overseeing the economy

BEIJING: Liu He, a Harvard-trained economist who is a trusted confidant of Chinese President Xi Jinping, has emerged as the front runner to be the next governor of the People’s Bank of China (PBoC), according to three sources with knowledge of the situation.