Li Qiang, previously the Communist Party chief in Shanghai, is poised to be confirmed as China’s next premier on Saturday during the ongoing National People's Congress, charged with managing the world's second-largest economy
Previously the Communist Party chief in Shanghai, Li is poised to be confirmed as premier on Saturday during the ongoing National People's Congress, charged with managing the world's second largest economy. He would replace the retiring Li Keqiang, who is widely perceived to have been increasingly sidelined as Xi tightened his grip on management of the economy.
Xi expended significant political capital to get him into the role, given Li's lack of central government experience and the Shanghai lockdown, McArver said."He clearly thinks that Li Qiang is a very competent person and he has put him in this position because he trusts him and he expects a lot of him."PRACTICAL PRAGMATIST
People who have interacted with Li say they found him practical-minded, an effective bureaucratic operator, and supportive of the private sector - a stance that would be expected in someone whose career put him in charge of some of China's most economically dynamic regions. Craig Allen, president of the U.S.-China Business Council and a former U.S. official, said Li sought to level the playing field for foreign businesses, pointing to the speed with which U.S. carmaker Tesla was able to get its Shanghai factory there operational in 2019.
"Now Li is a national leader, working under a market-sceptic boss, and he has to balance growth with a range of social, technological, and geopolitical goals," said Neil Thomas, senior analyst at Eurasia.Even by the opaque standards of Chinese politics, there is little public information about Li's background or personal life.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China’s Xi Jinping blasts US for ‘suppression’ amid rising tensions“Western countries — led by the US — have implemented all-round containment, encirclement and suppression against us, bringing unprecedentedly severe challenges to our country’s develop…
Read more »
Taiwan warns of China's 'repeated provocations', China tells US not to cross red lineTaiwan will not allow 'repeated provocations' from China, the island's defence minister said on Tuesday, as China's foreign minister said Taiwan was the 'first red line' that must not be crossed in Sino-U.S. relations.
Read more »
Watch Tesla Model Y Produced At 'Tesla Speed' At Giga ShanghaiTesla already appears to have a huge edge over most automakers when it comes to manufacturing, and it's constantly speeding up its factories.
Read more »
Chinese President Xi Jinping issues rare rebuke of US for 'suppression against us'Chinese leader Xi Jinping issued a rare public rebuke of the United States for embarking on a crusade to thwart China's rise.
Read more »
China leans on coal amid energy security pushChina's state planner underlined a greater role for coal in its power supply on Sunday, saying the fossil fuel would be used to improve the reliability and security of its energy system.
Read more »