PBoC deputy governor named special advisor to IMF head

Zhu Min, a deputy governor at the People’s Bank of China (PBoC), has been named special advisor to International Monetary Fund chief Dominique Strauss-Kahn, Reuters reported. "[Zhu] will play an important role in working with me and my management team in meeting the challenges facing our global membership in the period ahead, and in strengthening the fund’s understanding of Asia and emerging markets more generally," Strauss-Kahn said in a statement. Zhu is expected take his position – the highest-profile position held by a Chinese national at the IMF – in May. Observers said that Zhu would not have direct influence over the IMF’s policy agenda, but would help the IMF to improve its relationships with emerging markets in Asia.