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‘Highly Respected’: China’s Vice-Minister of Finance Lands Senior Role at IMF

China’s vice-minister of finance, Liao Min, has been appointed as the next deputy managing director of the International Monetary Fund (IMF), according to an announcement by the organisation on Wednesday. Liao will take over from Li Bo, a former deputy governor of the People’s Bank of China, whose term expires at the end of November. It remains unclear whether Liao will leave his position in the Chinese government before taking on the role in Wa…

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(Beijing=Yonhap News) Correspondent Kim Hyun-jung = Liao Min, China's Vice Minister of Finance, considered a key figure in the U.S.-China trade negotiations, has been nominated as Deputy Managing Director of the International Monetary Fund (IMF)...

·Seoul, Korea (the Republic of)
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International Monetary Fund Managing Director Kristalina Georgieva has announced a change in the team of deputy managing directors. Bo Li will leave the fund on November 30, 2026, when his term ends, and Min Liao, China’s vice finance minister, has been proposed as his successor. The proposed appointment is set to take effect on December 1, 2026. The IMF’s wording is that Georgieva is proposing Liao for the post, while the Chinese vice finance m…

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South China Morning Post broke the news in Hong Kong, Hong Kong on Wednesday, October 28, 2026.
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