China’s new premier, a Xi loyalist, is caught between business and politics

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Li Qiang, who oversaw the disastrous Shanghai lockdown, will become Chinese leader Xi Jinping's No. 2 on Saturday. Will he be a yes-man or could he influence policy?

When he was the Chinese Communist Party boss in Shanghai, Li Qiang climbed into the driver seat of a Tesla Model 3 beside Elon Musk, who drew a smiley face on car’s display screen to match Li’s wide grin.The moment, in 2018, was important for both men. Tesla had just become China’s first wholly foreign-owned automaker, giving Musk a critical foothold in the world’s largest car market.

The question, they say, is whether Li’s close relationship with Xi makes him a yes-man with little leeway to challenge the paramount leader or a trusted confidant with the ability to push back if the latter’s policies go too far.began a norm-defying third term Soon after being appointed as second-in-command, Li used his position to push for faster relaxation of the harsh coronavirus restrictions that had sparkedin late November, according to a Reuters report earlier this month. By that time, China was already losing control of the virus as more transmissible variants overwhelmed mass testing and quarantines.

Close observers of Chinese politics question the extent to which Li will be able to temper some of Xi’s more hard-line tendencies, in part because he has always played a supporting role in the relationship. They note that this is the first time since the Mao Zedong-era that China’s second-in-command does not have an independent network, reversing an effort in recent decades to introduce a degree of power-sharing at the top of the party.

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Like all chinese leaders, he is a killer.

USA propaganda

China love this guy!

Joe did this to his daughter...

He will be a yes man in the finest tradition. No question about it.

What a stupid question. Do you seriously believe he would have been selected for his wise counsel? Fealty. That is all they want from him.

Just Xi’s another puppy 🐶!

Most narcissistic power leaders put yes men under then. Or those of like mind, soooo

Lol, this man was just voted back in like 2,800-0. Yes man is all they know.

When did it become okay to it use opinion in basic journalism ? Get rid of the word disastrous, that is not a fact.

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Xi Jinping’s Subtle Strategy to Control China’s Biggest CompaniesChinese state takes stakes known as golden shares, which are often small but give the government a board seat and power to ensure that corporate behavior hews to the party agenda. China entrepreneurs. Set up shop in the US and keep your wealth! Sounds like the US government. There is no highroad to be taken here, America. Doesn't seem to impact their share price though
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »