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Archive for the tag “Vice President of the United States”

China’s Leaders: Who Holds the Real Power?

Sometime in the next few weeks, the Chinese Communist Party will likely convene its Party Congress, which meets every five years to set major policies and choose its Central Committee of about 370 members. This year a major leadership change will take place. China watchers are scrutinizing the personality and goals of Vice President Xi Jinping, who’s almost certain to become the country’s next party secretary, president, and, at some point, head of the military. Analyzing Xi is crucial—especially given his recent, mysterious two-week absence from public view. (He’s since been seen in good health at various functions.)

Read Here – Businessweek

Xi-Li Inherit Weakest Economy Growth Since Deng Opened China

China’s new leaders are poised to inherit the weakest economic growth since Deng Xiaopingthree decades ago and may need to borrow from his market-opening tool kit to avert a steeper decline. As the Communist Party prepares to anoint Vice President Xi Jinping, 59, and Vice Premier Li Keqiang, 57, next month as its so-called fifth generation in charge, data from exports to production signal the government will struggle this year to reach its 7.5 percent expansion target. The retiring top echelon took power in 2003 with growth above 9 percent and their predecessors were bequeathed a 14 percent pace in 1993, a year after Deng toured the southern boomtowns he’d spawned, urging more change.

Read Here – Bloomberg

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