# PBOC Governor Pan Gongsheng in Bangkok

> PBOC Governor Pan Gongsheng says global imbalances can't be fixed by exchange rates alone.
- Title: PBOC Governor Pan Gongsheng in Bangkok · BigGo Finance
- Summary: PBOC Governor Pan Gongsheng says global imbalances can't be fixed by exchange rates alone. PBOC Governor Pan Gongsheng states global economic imbalances…
- Keywords: pbo, g20, finance ministers, central bank governors, bangkok, thailand, exchange rates, global imbalances, monetary policy, moderately loose policy, finance, markets
- Source: BigGo Finance — https://finance.biggo.com/news/92c9b87f-9b03-4bea-9baa-1e7144f4a64a
- Author: BigGo Finance
- Published: 2026-10-15T14:25:12+00:00
- Read time: 1 min
- Topics: pbo, g20, finance ministers, central bank governors, bangkok, thailand, exchange rates, global imbalances, monetary policy, moderately loose policy, finance, markets
## PBOC Governor Pan Gongsheng
PBOC Governor Pan Gongsheng spoke at the G20 Finance Ministers and Central Bank Governors Meeting in Bangkok on October 15.
## Global Imbalances
Pan Gongsheng states global imbalances cannot be resolved through exchange rate adjustments alone.

> global imbalances cannot be fixed by exchange rates
## Geopolitical Conflicts
Intensifying geopolitical conflicts remain the greatest source of economic uncertainty.
## Financial Fragility
Sovereign bond volatility and AI asset risks heighten financial fragility.
## China's Monetary Policy
PBOC will maintain moderately loose monetary policy for stable economic growth.
## G20 Meeting
G20 held third finance ministers and central bank governors meeting in Bangkok on October 15.
## Key takeaway

PBOC Governor Pan Gongsheng states global economic imbalances require joint efforts from deficit and surplus countries, not exchange rate adjustments.