"Subbarao was believed to have been chosen as central banker in 2008 because he was seen as being unlikely to buck his political masters. If so, he has proven the government wrong repeatedly," writes Asia Society Associate Fellow Pramit Pal Chaudhuri.
The veteran newsman says that back in the 1980s, if someone had predicted China's historic economic boom, he would have told the person, "I don't think you know Asia very well, or perhaps you're smoking something very expensive."
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