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Hu Xiaolian

From Wikipedia, the free encyclopedia

Hu Xiaolian
Hu Xiaolian at the Trade and Development Board's 64th Session in 2017
Hu at a TDB Session in 2017
BornMay 1958 (age 66)
Guangshui, Suizhou, Hubei, China
Political partyChinese Communist Party

Hu Xiaolian (Chinese: 胡晓炼; born May 1958) is a Chinese economist and former Deputy Governor of the People's Bank of China and director of the State Administration of Foreign Exchange in China. In 2007, she was ranked 23rd on The Wall Street Journal's "The 50 Women to Watch 2007" list.[1] In 2008, she was ranked fourth on The Wall Street Journal's "The 50 Women to Watch 2008" list and was referred to as "one of the most powerful people in the world".[2]

Hu was elected an alternate member of the Central Committee of the Chinese Communist Party at the November 2012 18th National Congress of the Chinese Communist Party.[3]

Biography

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Born in Hubei in 1958, Hu graduated from the Graduate School of the People's Bank of China with an MA in economics in 1984.[4] Hu served as Director of the State Administration of Foreign Exchange from 2007–2009. In 2009, she was appointed Deputy Governor of the People's Bank of China.[5]

She is also an adviser to the China Finance 40 Forum (CF40).[6]

In February 2015, Hu was elected as the Chairwoman and Party Secretary of the Export-Import Bank of China (Exim Bank).[7]

In 2020, China joined the G20-led Debt Service Suspension Initiative, through which official bilateral creditors suspended debt repayments of 73 of the poorest debtor countries.[8]: 134  At the 2021 Boao Forum, Hu stated that the interest of both debtors and creditors should be considered in debt suspension.[8]: 134–135  Hu stated, "Debt suspension is neither debt reduction nor debt cancellation. It is an adjustment made to tackle difficulties at specific times" and that outright cancellation weakens financial stability.[8]: 135 

She served as the top-ranked official at Exim Bank until 2022.[8]: 83 

References

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  1. ^ "The 50 Women to Watch 2007". The Wall Street Journal.
  2. ^ "The 50 Women to Watch 2008" The Wall Street Journal
  3. ^ List of alternate members of 18th CPC Central Committee
  4. ^ "Hu Xiaolian". US-China Business Council. Archived from the original on 27 November 2008. Retrieved 24 March 2009.
  5. ^ "Management Team - Hu Xiaolian" People's Bank of China. Retrieved 13 May 2011
  6. ^ "Organizational Structure". CF40. Archived from the original on 25 November 2021. Retrieved 7 February 2021.
  7. ^ "央行副行长胡晓炼出任进出口银行董事长 (图)". news.163.com (web.archive). Archived from the original on 22 February 2015. Retrieved 2 November 2021.
  8. ^ a b c d Chen, Muyang (2024). The Latecomer's Rise: Policy Banks and the Globalization of China's Development Finance. Ithaca and London: Cornell University Press. ISBN 9781501775857. JSTOR 10.7591/jj.6230186.