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Economics

Meet Xi’s Team of Wise Men Trying to Avert China’s Hard Landing

Here are the half-dozen most important figures struggling with China's huge economy
Xi Jinping

Xi Jinping

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Past Chinese presidents have left the finer points of the economy to their premiers. Not Xi Jinping.

Since taking over the ruling Communist Party in November 2012, Xi has given himself direct control over both short-term financial policies and broader economic planning. He exercises this power through two secretive “leading groups,” one a reform panel of his own creation and the other a financial committee recently led by premiers.