In the United States, the world’s largest economy, President Obama has secured a second term as leader of the country.  In China, the second largest economy, by this time next week new leaders will likely have been confirmed as well. In both cases, the new leaders will officially begin their terms in 2013, even if Obama has the luxury of being already on the job.  The end of the leadership “contests” in both countries sees the end of a struggle for power which at times got pretty tough.

Obama has already been dealing with a sluggish post crisis-economy, and China’s incoming president and prime minister have also already been battling economic difficulties in their current roles in government.  For both countries, whilst by this time next week the political-leadership struggles may be over, from an economic and financial standpoint, the real challenges are yet to come.

Read Here – The Diplomat