Economics
China’s Urban Champion Li Gets Task of Reviving Reform
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China’s premier-designate is famed for running a province that saw three fatal conflagrations and an enduring HIV blood scandal on his watch. The nation may be hoping his luck has changed.
Li Keqiang, reappointed to the Communist Party’s Central Committee today and forecast to replace Premier Wen Jiabao, is an award-winning economist and English speaker who has championed rapid urbanization to establish China’s middle class. Slated to take over the nation’s cabinet in March, Li, 57, will inherit an economy forecast to grow the least in 23 years in 2013, according to Pacific Investment Management Co.