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Mar 19, 2018

03/19/2018: New leadership at China’s central bank

(Global Edition) From the BBC World Service … China today named a new central bank governor, but it’s another appointment that’s garnering attention. Liu He, who has been tapped as vice premier, believes his country’s economic growth model, which relies heavily on debt, is posing a fundamental issue of security. We’ll tell you what it means for China’s future economic policies. Then, Russian President Vladimir Putin will lead his country for another six years, but what will the nation’s continued saber rattling mean for U.S. sanctions and economic stability? Afterward, we’ll take a look at the construction industry and the problem plastic waste poses for the planet. 

Newly elected Vice Premiers Hu Chunhua (L), Sun Chunlan (2nd R) and Liu He (R), led by Han Zheng (2nd L), take an oath after being elected during the seventh plenary session of the first session of the 13th National People's Congress (NPC) at the Great Hall of the People in Beijing on March 19, 2018.
Newly elected Vice Premiers Hu Chunhua (L), Sun Chunlan (2nd R) and Liu He (R), led by Han Zheng (2nd L), take an oath after being elected during the seventh plenary session of the first session of the 13th National People's Congress (NPC) at the Great Hall of the People in Beijing on March 19, 2018.
FRED DUFOUR/AFP/Getty Images

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(Global Edition) From the BBC World Service … China today named a new central bank governor, but it’s another appointment that’s garnering attention. Liu He, who has been tapped as vice premier, believes his country’s economic growth model, which relies heavily on debt, is posing a fundamental issue of security. We’ll tell you what it means for China’s future economic policies. Then, Russian President Vladimir Putin will lead his country for another six years, but what will the nation’s continued saber rattling mean for U.S. sanctions and economic stability? Afterward, we’ll take a look at the construction industry and the problem plastic waste poses for the planet.