Ben Bernanke Gives His Take on China's Policy Choices

(Beijing) – The 2008 global financial crisis thrust Ben Bernanke into the spotlight as his every move drew unprecedented attention, scrutiny continued until he stepped down as chairman of the U.S. Federal Reserve in 2014.

Being a central bank governor is about making difficult choices, Bernanke wrote in his memoir, The Courage to Act, published last year. Looking back on the choice he made to bail out American Insurance Group, he wrote, "If we acted, nobody would thank us. But if we did not act, who would?"