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Yi Gang

The latest news on Yi Gang, Chinese economist and former governor of the People's Bank of China, including Chinese politics news.

Born

5 Mar 1958

Industry

Business

Job Title

Former Governor, People's Bank of China

The LY-1, seen here during the Victory Day military parade in Beijing in September 2025, is tasked with close-range interception of incoming missiles and drones. Photo: Xinhua

South China Sea

Powerful anti-drone laser spotted on PLA amphibious ship in South China Sea

Analysts say deploying the LY-1-equipped vessel during Scarborough Shoal drill was meant to send a message to Manila and Washington.

10 Aug 2026 - 9:03PM

China's military weapons

In Focus | China’s Palantir? Private tech firms surge into defence AI, aiming to match US giants

6 Aug 2026 - 9:20AMvideocam

China's military weapons

What does China’s submarine missile test mean for its nuclear triad expansion?

8 Jul 2026 - 12:43AMvideocam

US-China relations

Why young Chinese are turning away from the American dream

Unlike older generations, who saw the US as the ultimate destination, China’s Gen Z views the superpower through a more pragmatic lens.

3 Jul 2026 - 7:20AMvideocam

China's military weapons

China’s navy has missiles and drones. Why is it bringing back the ‘big guns’?

A new 155mm naval gun is said to be in development and it could provide firepower support for a future attack on Taiwan.

13 Jun 2026 - 6:31AMvideocam

China's military weapons

China’s futuristic stealth sub to boost ‘hunt-and-kill’ capabilities: experts

Satellite images show the vessel under construction has a ‘finless’ design that could improve its manoeuvrability and speed.

4 Jun 2026 - 8:34PMvideocam

China's military weapons

PLA showcases YJ-20 anti-ship missiles as US-Japan-Philippines test war moves

Video of PLA Navy strike tests emerges as US, allies take part in Balikatan 2026, marking Japan’s first-ever operational role in the drills.

27 Apr 2026 - 9:21PMvideocam

China’s YJ-20 hypersonic anti-ship missile system has a range of 1,000 to 1,500km, a cruising speed of around Mach 6 and a terminal dive speed reaching Mach 10. Photo: Handout

China-Middle East relations

Exclusive | Hong Kong-flagged tanker passes through Strait of Hormuz in test of US blockade

AVA 6 passage marks at least the second transit of a China-linked tanker through the waterway since the US military operation began.

17 Apr 2026 - 9:38PMvideocam

Taiwan

What does Japan’s role in a US-Philippine military drill mean for Taiwan?

Tokyo’s 1,400 combat troops mark most extensive participation yet in annual joint exercise and signal ‘priorities’ to Beijing, analysts say.

16 Apr 2026 - 10:00PMvideocam

US, Israel war on Iran

Can Iran’s small, fast-attack boats challenge US naval blockade of Hormuz?

Iran’s conventional navy might be decimated, but its large fleet of high-speed boats could well pose a threat, analysts in China say.

15 Apr 2026 - 8:13PMvideocam

“Forever in Iran’s hand”, a large billboard proclaims in Persian in a reference to the Strait of Hormuz, in Tehran on April 15. Photo: EPA

United States

The US could be moving away from precision strikes in the Iran war. Here’s why

As the conflict has intensified, more energy and civilian sites have been targeted in what is seen as a broader approach.

9 Apr 2026 - 9:26AMvideocam

Israel-Iran conflict

1 month, 2 straits, more strikes: how long will the US-Israeli war on Iran last?

With Houthi rebels entering the fray, the next maritime choke point at risk could be the Bab el-Mandeb.

28 Mar 2026 - 10:31PMvideocam

US, Israel war on Iran

How long will US-Israel war on Iran last? Chinese analysts offer clues

Iran’s drones gaining edge as opponents burn through costly missiles, analysts note, as one labels the war a ‘serious mistake’ by US.

20 Mar 2026 - 6:00AMvideocam

US military

A troubled US warship is moving away from Iran. Does it reflect bigger problems?

Fire damage and plumbing issues on the USS Gerald R. Ford suggest an overstretched military and ‘hollowed out’ industrial base, analysts say.

19 Mar 2026 - 6:00PM

The USS Gerald R. Ford has been supporting the American operation against Iran in the Red Sea. Photo: Handout

China's military weapons

Could PLA’s new shipborne drone redefine South China Sea naval operations?

In a first, recent CCTV footage shows a lightweight uncrewed helicopter parked on the Chinese military’s Type 075 amphibious assault ship.

15 Mar 2026 - 10:00PM

Thursday’s footage showed a lightweight uncrewed helicopter with folding rotors and appearing to be slightly smaller than the PLA’s main shipborne helicopter, the Z-20 Photo: CCTV

Two Sessions 2026

Stability comes first: Chinese defence chief signals Beijing’s strategic caution

Dong Jun’s remarks stressing prudence as Xi-Trump summit looms and amid Iran war suggest no military action on Taiwan for now, analysts say.

10 Mar 2026 - 8:05PMvideocam

China-Middle East relations

Iran attack a ‘wake-up call’ for China on electronic warfare and intelligence

Retired PLA colonel urges China to watch out for ‘internal infiltration and intelligence leaks’ and boost ‘security around critical targets’.

2 Mar 2026 - 10:36PMvideocam

China-Middle East relations

Is China flexing its intelligence muscle by tracking US military moves near Iran?

Unusually detailed posts by commercial firm MizarVision about America’s deployments in the Middle East are grabbing attention.

27 Feb 2026 - 4:44PMvideocam

The American aircraft carrier USS Gerald R Ford docks at the Greek island of Crete on Tuesday. Photo: AFP

China's military weapons

Why the growing network of American MQ-9 drones is a challenge for China

Reapers can carry out both reconnaissance and strike missions and an increasing number of US allies and partners are buying them.

16 Feb 2026 - 10:00PM

US-China relations

US establishes new army foothold in Southeast Asia to ‘contain China’: analyst

US deploys new rotational force to Southeast Asian ally, a move experts say is aimed at deterring China and supporting Typhon missile system.

12 Feb 2026 - 6:51PM

China’s military drills

PLA urged to find a way to operate effectively under the gaze of US and Japan

Analysts say that after rapid response to latest drills around Taiwan, military must move away from emphasis on trying to avoid detection.

19 Jan 2026 - 6:00PMvideocam

The PLA launched live-fire drills around Taiwan last month with no warning, yet the response from the US and Japan was immediate, according to a Beijing-based defence think tank. Photo: Handout via AFP

China-Latin America relations

Will Beijing look to US capture of Nicolas Maduro for lessons on Taiwan?

Analysts say US operation should serve as warning to separatist forces in Taiwan following PLA drills targeting the island’s leadership.

4 Jan 2026 - 9:01PMvideocam

A firefighter walks past a destroyed anti-aircraft unit at La Carlota military base in Caracas following a US strike that captured Venezuelan leader Nicolas Maduro on Saturday. Photo: Reuters

China’s navy

US Navy aircraft crashes offer lessons for PLA carrier operations, analysts say

Chinese military could learn from rival’s strengths in search and rescue response, but also its weaknesses in maintenance and training.

2 Jan 2026 - 5:00PMvideocam

China's military weapons

Is China quietly preparing cargo ships to transform into military vessels?

Containers bear the words ‘plan for the maritime revival of the Chinese nation and the community of shared future for mankind in the ocean’.

26 Dec 2025 - 9:06PMvideocam

China’s Communist Party

China’s former central bank chief loses leadership role in top advisory body

Decision affecting Yi Gang and nine other former senior officials made amid Beijing’s continuing anti-corruption campaign.

3 Nov 2025 - 5:59PM

Yi Gang served as the governor of the People’s Bank of China between 2018 and 2023. Photo: EPA-EFE

China’s military

China ‘showed integrated combat capabilities in locking on US fifth-gen jets’

A PLA J-16 fighter reportedly chased away two foreign planes– believed to be US F-22s – from its air defence identification zone last year.

17 Oct 2025 - 6:24PMvideocam

A Chinese J-16 fighter. The PLA has been replacing its ageing J-7 fighter fleet with advanced J-10C and J-16 multi-role warplanes. Photo: Handout

China's military weapons

What did 3 new PLA units at WWII parade say about China’s hi-tech war plans?

Showcasing new branches signals China’s push to reshape combat strategy by integrating advanced tech for joint operations, analysts say.

7 Sep 2025 - 6:00AMvideocam

US-China relations

My Take | How will China fight a new trade war under Trump 2.0?

With hindsight from Trump’s first term, Beijing could adopt a different approach this time around.

10 Dec 2024 - 7:00AM

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Yi Gang

Powerful anti-drone laser spotted on PLA amphibious ship in South China Sea

Analysts say deploying the LY-1-equipped vessel during Scarborough Shoal drill was meant to send a message to Manila and Washington.

.css-1f6sr3w{color:#727272;}In Focus | China’s Palantir? Private tech firms surge into defence AI, aiming to match US giants

What does China’s submarine missile test mean for its nuclear triad expansion?

Why young Chinese are turning away from the American dream

Unlike older generations, who saw the US as the ultimate destination, China’s Gen Z views the superpower through a more pragmatic lens.

China’s navy has missiles and drones. Why is it bringing back the ‘big guns’?

A new 155mm naval gun is said to be in development and it could provide firepower support for a future attack on Taiwan.

China’s futuristic stealth sub to boost ‘hunt-and-kill’ capabilities: experts

Satellite images show the vessel under construction has a ‘finless’ design that could improve its manoeuvrability and speed.

PLA showcases YJ-20 anti-ship missiles as US-Japan-Philippines test war moves

Video of PLA Navy strike tests emerges as US, allies take part in Balikatan 2026, marking Japan’s first-ever operational role in the drills.

Exclusive | Hong Kong-flagged tanker passes through Strait of Hormuz in test of US blockade

AVA 6 passage marks at least the second transit of a China-linked tanker through the waterway since the US military operation began.

What does Japan’s role in a US-Philippine military drill mean for Taiwan?

Tokyo’s 1,400 combat troops mark most extensive participation yet in annual joint exercise and signal ‘priorities’ to Beijing, analysts say.

Can Iran’s small, fast-attack boats challenge US naval blockade of Hormuz?

Iran’s conventional navy might be decimated, but its large fleet of high-speed boats could well pose a threat, analysts in China say.

The US could be moving away from precision strikes in the Iran war. Here’s why

As the conflict has intensified, more energy and civilian sites have been targeted in what is seen as a broader approach.

1 month, 2 straits, more strikes: how long will the US-Israeli war on Iran last?

With Houthi rebels entering the fray, the next maritime choke point at risk could be the Bab el-Mandeb.

How long will US-Israel war on Iran last? Chinese analysts offer clues

Iran’s drones gaining edge as opponents burn through costly missiles, analysts note, as one labels the war a ‘serious mistake’ by US.

A troubled US warship is moving away from Iran. Does it reflect bigger problems?

Fire damage and plumbing issues on the USS Gerald R. Ford suggest an overstretched military and ‘hollowed out’ industrial base, analysts say.

Could PLA’s new shipborne drone redefine South China Sea naval operations?

In a first, recent CCTV footage shows a lightweight uncrewed helicopter parked on the Chinese military’s Type 075 amphibious assault ship.

Stability comes first: Chinese defence chief signals Beijing’s strategic caution

Dong Jun’s remarks stressing prudence as Xi-Trump summit looms and amid Iran war suggest no military action on Taiwan for now, analysts say.

Iran attack a ‘wake-up call’ for China on electronic warfare and intelligence

Retired PLA colonel urges China to watch out for ‘internal infiltration and intelligence leaks’ and boost ‘security around critical targets’.

Is China flexing its intelligence muscle by tracking US military moves near Iran?

Unusually detailed posts by commercial firm MizarVision about America’s deployments in the Middle East are grabbing attention.

Why the growing network of American MQ-9 drones is a challenge for China

Reapers can carry out both reconnaissance and strike missions and an increasing number of US allies and partners are buying them.

US establishes new army foothold in Southeast Asia to ‘contain China’: analyst

US deploys new rotational force to Southeast Asian ally, a move experts say is aimed at deterring China and supporting Typhon missile system.

PLA urged to find a way to operate effectively under the gaze of US and Japan

Analysts say that after rapid response to latest drills around Taiwan, military must move away from emphasis on trying to avoid detection.

Will Beijing look to US capture of Nicolas Maduro for lessons on Taiwan?

Analysts say US operation should serve as warning to separatist forces in Taiwan following PLA drills targeting the island’s leadership.

US Navy aircraft crashes offer lessons for PLA carrier operations, analysts say

Chinese military could learn from rival’s strengths in search and rescue response, but also its weaknesses in maintenance and training.

Is China quietly preparing cargo ships to transform into military vessels?

Containers bear the words ‘plan for the maritime revival of the Chinese nation and the community of shared future for mankind in the ocean’.

China’s former central bank chief loses leadership role in top advisory body

Decision affecting Yi Gang and nine other former senior officials made amid Beijing’s continuing anti-corruption campaign.

China ‘showed integrated combat capabilities in locking on US fifth-gen jets’

A PLA J-16 fighter reportedly chased away two foreign planes– believed to be US F-22s – from its air defence identification zone last year.

What did 3 new PLA units at WWII parade say about China’s hi-tech war plans?

Showcasing new branches signals China’s push to reshape combat strategy by integrating advanced tech for joint operations, analysts say.

.css-1pcrwvc{color:#2aa191;}My Take | How will China fight a new trade war under Trump 2.0?

With hindsight from Trump’s first term, Beijing could adopt a different approach this time around.

In Focus | China’s Palantir? Private tech firms surge into defence AI, aiming to match US giants

My Take | How will China fight a new trade war under Trump 2.0?