China Money-Market Turmoil Poses Test for New Leaders

China Money-Market Turmoil Poses Test for New Leaders

Tomohiro Ohsumi/Bloomberg

China's President Xi Jinping is seen during a news broadcast, displayed on a television monitor at a subway station in Beijing, China, on Thursday, March 14, 2013. Growth has unexpectedly slowed since March, when Li took office as premier, Communist Party chief Xi Jinping became president and the government extended the 10-year tenure of PBOC Governor Zhou Xiaochuan.