China reformula sistema financeiro
March 5, 2023 -
O líder chinês Xi Jinping prepara-se para usar a sessão parlamentar
anual, o Congresso Nacional do Povo, para nomear os seus acólitos
próximos para apertar o controlo sobre as questões financeiras.
In October, Xi executed a clean sweep of the seven-member Politburo Standing Committee, stacking the Chinese Communist party’s highest decision-making body with loyalists at the quinquennial party congress.
He is expected to mirror the reshuffle of the CCP’s leadership in the government’s top ranks, which will boast a team of new faces drawn heavily from Xi’s past.
Changes come at a sensitive moment for the economy, which was damaged by Xi’s draconian zero-Covid strategy last year and regulatory crackdowns on the tech and property sectors.
Gross domestic product in 2022 grew just 3 per cent, well below the official target of 5.5 per cent.
- Xi Jinping set to overhaul China’s economic policy team at watershed congress (FT)
- How China’s Parliament Aims to Rejig Economy After Covid Zero (Bloomberg)
- China’s Growth Target, Stimulus in Focus for New Leadership (Bloomberg)
- China to Shake Up Financial System as Xi Jinping Installs Key Associates (WSJ)