Pan Gongsheng – Latest stories from Nourish

a { color: #880000 !important; background: #ffeeee !important; } Latest News from NourishThe Nourish Mission (formerly OneSub)Get answers to today's big questionsWhy is Pan Gongsheng in the news at the moment?

Pan Gongsheng is in the news for backing China's push to internationalize the yuan and support private sector funding—he’s been PBOC deputy governor since 2012.

Stories involving Pan Gongsheng

China's Market Support Grows

China's state-backed investors hold nearly 4 trillion yuan in stocks, surpassing foreign holdings and signaling ongoing government support. Meanwhile, Chinese equities rally, with institutional investors leading the surge, and bond issuance hits new highs amid waning foreign interest in Chinese debt.

US Debt and Digital Currency Developments

The US national debt has reached $38 trillion, raising concerns about fiscal sustainability. Meanwhile, China advances its digital yuan pilot, and Hong Kong completes its second phase of e-HKD trials. Global strategies diverge as the US supports decentralized digital assets, while China emphasizes CBDCs to maintain monetary sovereignty.