China's leader has overhauled his party, and nobody has even a remote chance of challenging him.
"On the one hand this might mean Xi can really get things done with his new leadership but, on the other, there is a danger of him being stuck in an echo chamber," an experienced business figure told the BBC.If Li Qiang is indeed the new premier, sitting up there on the last day of the NPC, taking screened questions at the annual press event, it will have been a meteoric rise for him.last year.
Towards the end of the city-wide shut down people had had enough. They were kicking down the fences put up to restrict them and fighting with the guards put in place to enforce what was by then the much hatedObservers have questioned how the person in charge of this massive logistical failure could be given the job of running the entire country.
"There is caution where spending is concerned because of the trauma of the zero-Covid period," he says, "People have been shell-shocked by the last few years in China. They are wary of taking risks and are very careful when making decisions."This trauma is especially present in Shanghai and the allure of that city has faded considerably when it comes to foreign investment.
Back in 2016, he became party secretary for the wealthy eastern province of Jiangsu, known for its tech companies. He sought out meetings with Alibaba's founder Jack Ma and other executives seeking advice on the climate for business there. After missing out on the top job, he was soon being constrained as premier under Mr Xi who was running the place with a reach not seen since Mao Zedong, the founder of the People's Republic of China.
Li Keqiang will be remembered for strong economic track record but the end of his time in office was mired in zero-Covid crisis.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China’s prime minister, Li Keqiang, is about to retireIt marks the end of a striking era in Chinese politics
Lire la suite »
G20 Talks End in India with No Consensus on Ukraine WarDiscussions of the war and China's widening global influence dominated much of the talks
Lire la suite »
What are the alternatives to ‘made in China’?Our podcast on markets, the economy and business. This week, Asia’s other manufacturing hubs
Lire la suite »
Chinese arms could revive Russia’s failing warFor decades Russia pumped arms to China. Now the tables have turned
Lire la suite »
Tencent boss Pony Ma left out of China’s signature political gathering\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Lire la suite »
China's Peace Plan for Ukraine Could Have Dangerous ConsequencesChina's quest to be a global problem-solver reveals a dangerous game, writes Ian Bremmer
Lire la suite »