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Xi’s new era: analysing China’s 20th Party Congress
Inside China
The Market Reaction After Li Chang's Appointment
The market reaction was basically based on this assumption that the premier's job would land on someone else. So I think Li Chang came as a surprise because he had never worked in the state council. In the past 40 years at least, all premiers of the state council had to first serve as a vice premier for at least five years.
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