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Zhou's PBOC past shows multiple policy moves

Central bank governor has a track record of consecutive steps and so his latest rate cut is unlikely to be a one-off

Mr Zhou recognises that targeted measures alone will not revive growth.


IN his 12 years as People's Bank of China (PBOC) governor, Zhou Xiaochuan has never stopped at a single shift to benchmark interest rates once prompted into action.

Mr Zhou, who took office in 2002 when Alan Greenspan was still chairman of the Federal Reserve, has overseen