China Market Intelligence

March 19th, 2018
By USCBC Staff

China’s legislature over the weekend and today approved a new round of leaders for the State Council and its ministries. The appointments put some reform-minded officials in key roles, but whether that leads to faster movement on economic reforms remains to be seen.

As expected, Xi Jinping was confirmed as president, and his long-time associate and former Politburo Standing Committee member Wang Qishan was confirmed as vice president. Wang, who had been in charge...