PBOC head Zhou Xiaochuan is likely to retain his job though he just breached the retirement age...

|By:, SA News Editor

PBOC head Zhou Xiaochuan is likely to retain his job though he just breached the retirement age of 65 and left the Communist Party's Central Committee, reports Reuters. Earlier reports had Zhou stepping down in March. He's likely keeping the seat warm for Bank of China Chairman Xiao Gang who is about to be appointed party secretary of the PBOC.