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Zhou Xiaochuan

Zhou Xiaochuan

Vice Chairman of the Board of Directors, Boao Forum for Asia
SPIEF 2019
Our largest systemically important banks in China have established their Russian representative offices. <...> [The priorities are] wire transfers in national currencies and, of course, the issue of setting the adequate exchange rate for each of the currencies, too. The People’s Bank of China and the Bank of Russia have already signed an agreement on payments in national currencies, and in this situation, after the agreement has been signed, the share of settlements made in national currencies is gradually increasing
EEF 2018
Crossroads on the Silk Road
It is necessary to strengthen interaction between various financial structures of the countries located along the Belt and Road Initiative. Perhaps, they lack necessary coordination between them. In addition to cooperation between banks, it is necessary to strengthen cooperation between capital markets. Mainly between large financial centers