All articles tagged with #chinese premier
Chinese Premier Li Keqiang reassured investors by downplaying concerns about the economy, emphasizing that Beijing is increasing policy support to stimulate growth and address systemic risks. He highlighted ample room for macroeconomic policies to expand, citing low consumer price growth and manageable central government debt levels, while also noting that overall demand in China remains insufficient.
Former Chinese Premier Li Keqiang, who served as the country's premier for a decade until March 2022, has died of a sudden heart attack at the age of 68. Li, once seen as a reform-minded contender for China's top leadership role, navigated the country through challenges such as rising technology and trade tensions with the United States, mounting government debt, unemployment, and the Covid-19 pandemic. He was known for his focus on addressing societal issues and supporting the private sector, but was increasingly sidelined by Xi Jinping. Li's death leaves a void of reform-minded senior cadres in China's leadership.
Li Keqiang, former premier of China and once a rival to Xi Jinping, has died at the age of 68 from a heart attack. Li served as premier under Xi for a decade but was largely sidelined as Xi concentrated power. He was known for his economic policies, dubbed "Likonomics," and his ties to pro-democracy activists. Despite being sidelined, Li symbolized dissatisfaction with the statist turn of the economy and called for a revival of the "hawker economy" during the COVID-19 pandemic.
Former Chinese Premier Li Keqiang, who served as the country's premier for a decade until March this year, has died of a sudden heart attack at the age of 68. Li, once seen as a reform-minded contender for China's top leadership role, navigated the country through challenges such as rising technology and trade tensions with the United States, mounting government debt, unemployment, and the Covid-19 pandemic. He was known for his diverging economic policy stance from President Xi Jinping and his emphasis on wider openness in China's relations with the world.