Top Xi Aide Promises U.S. CEOs Action on China Reforms
- Liu He says he’ll lead China’s financial reforms: person
- Meetings in DC come as Trump vows tariffs on steel, aluminum
All Change at the Top: Xi's New Team
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President Xi Jinping’s top economic adviser promised a group of U.S. business leaders in Washington on Thursday that he’d take steps to reform China’s economy, according to a person familiar with the situation.
Liu He told the group that he’ll take on oversight of China’s financial policy as part of a cabinet reshuffle this month, and stated his belief that China’s economic success is due to its embrace of market forces, said the person, who asked not to be identified discussing a confidential meeting. Liu didn’t provide specifics on what action China planned to take, the person said.