‘Little Hu’ Takes Over Party Post in China’s Guangdong Province

Hu Chunhua, the second-youngest member of the Communist Party’s new Politburo, was appointed party boss of Guangdong, the southern manufacturing hub that has China’s biggest provincial economy. Hu, 49, replaces Wang Yang, a fellow Politburo member whose new post hasn’t been announced, the Xinhua News Agency said yesterday. Wang appeared publicly earlier this month when […]

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New China Edict: No More Pomp and Circumstance

For many years top Chinese politicians have lived a bit like rock stars, without the paparazzi. Never mind that few of the political elite have swagger like Jagger, China’s leaders have long enjoyed walking red carpets, waving before enthusiastic (if preorganized) crowds, traveling with large entourages, and speaking from stages adorned with crimson banners and […]

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The Dust Settles

LESS than a week after the biggest shuffle of China’s leaders in a decade, the prime-minister-in-waiting, Li Keqiang, set tongues wagging with a speech about the country’s economic development. A government news-agency gushed that if his words could be summed up in four syllables, they would be “reform, reform”; if in six, then “reform, reform, […]

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Why the Yuan Is Rising

China’s currency hit a 19-year high against the U.S. dollar on Friday. Not coincidentally, on the same day the yuan rose to 6.238 against the greenback, disgraced former Politburo member Bo Xilai suffered his latest indignity, with the official Xinhua News Agency announcing his removal from the National People’s Congress, China’s rubber-stamp legislature. “According to the law on […]

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