Chang Shu joined the BIS in 2012, and was a Senior Economist in the Monetary and Economic Department. She started at the BIS in the Representative Office for Asia and the Pacific, and currently works in the Financial Markets group. Before joining the BIS, she worked at the Hong Kong Monetary Authority and the Bank of England. Chang holds a PhD in finance from the University of Birmingham, UK. She has written on issues related to international capital movements, offshore foreign exchange markets and renminbi internationalisation.