1 year, 9 months ago
'Xi Jinping's guy': Longtime acolyte Li set to be China's next premier
India TodayFour years before Li Qiang gained notoriety as the force behind the two-month COVID lockdown of Shanghai, the man set to become China's next premier worked quietly behind the scenes to drive a bold revamp of the megacity's sclerotic stock market. "Li's relationship with Xi played a role here," enabling him to present the scheme directly to the central government, without going through the CSRC, the person added. 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. "Officials know that Li Qiang is Xi Jinping's guy," he said.
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History of this topic
1 year, 1 month ago
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