looking beyond borders

foreign policy and global economy

Xi’s Wise Men

Past Chinese presidents have left the finer points of the economy to their premiers. Not Xi Jinping.  Since taking over the ruling Communist Party in November 2012, Xi has given himself direct control over both short-term financial policies and broader economic planning. He exercises this power through two secretive “leading groups,” one a reform panel of his own creation and the other a financial committee recently led by premiers.

Read Here – Bloomberg

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