China chooses continuity, retaining central bank chief, finance minister

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China unexpectedly kept its central bank governor and finance minister in their posts at the annual session of the rubber-stamp parliament on Sunday, prioritising continuity as economic challenges loom at home and abroad.

, 63, a longtime Xi confidant, to premier. The former Shanghai Communist Party boss takes a role charged with managing the economy, replacing Li Keqiang, 67, who stepped down after two five-year terms.

after being left off the ruling Communist Party's Central Committee during the party's once-in-five-years congress in October. "The U.S. side will be much more comfortable with someone like Yi Gang in charge," said Alfred Wu, assistant professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore.

The appointments "indicate that the government put professionalism, management and the art of fine-tuning on the front burner when it comes to picking the central bank governor and finance minister, as positions at the helm of core economic departments need tremendous professional skill," said Sun Fei, an economist.

 

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China is our enemy. China slowly but surely moving towards world domination economically & militarily. Western countries must institute severe tariffs & move towards minimal trade with China before they complete their rapid naval warship expansion & advanced weapons production

🙌

When will the international mídia stop seeing China through Western lens?! It does not matter who is the chief of the Chinese central bank! Nobody is allowed to deviate 1 inch from the dictator’s orders! Stop being naive

HE LOOKS LIKE A DUNCE

Because the novice. not experienced enough

What an irony

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