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Xi’s new era: analysing China’s 20th Party Congress

Inside China

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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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