Barry Naughton on Possible Reforms By China's New Leaders
China’s Urban Champion Li Gets Task of Reviving Reform
11/13/2012
Bloomberg
China’s premier-designate is famed for running a province that saw three fatal conflagrations and an enduring HIV blood scandal on his watch. The nation may be hoping his luck has changed.
Li Keqiang, reappointed to the Communist Party’s Central Committee today and forecast to replace Premier Wen Jiabao, is an award-winning economist and English speaker who has championed rapid urbanization to establish China’s middle class. Slated to take over the nation’s cabinet in March, Li, 57, will inherit an economy forecast to grow the least in 23 years in 2013, according to Pacific Investment Management Co.
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Barry Naughton is Sokwanlok Chair of Chinese International Affairs. He is the professor of Chinese Economy at the School of International Relations and Pacific Studies. His work focuses on issues relating to industry, trade, finance, and China's transition to a market economy. Recent research emphasizes on regional economic growth in the People's Republic of China and the relationship between foreign trade, investment and regional growth.
