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High-Level Leadership Changes in the Chinese Government

China Market Intelligence Shandao Zhou, June Xu

Key Takeaways

  • Foreign Minister Qin Gang was replaced by his predecessor Wang Yi, China’s current top-ranked diplomat.
  • New heads of the central bank and financial regulator are on board after the government restructuring in March.
  • Local governments appointed more than 50 new vice governors during their local Two Sessions.

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