Premier Li Keqiang “helping press China’s authoritarian leader” Xi to improve the economy

News

This is via the Wall Street Journal (gated) on Premier Li Keqiang, who is resigning soon.

  • With China mired in its worst economic funk in recent memory, Mr. Li is helping press China’s authoritarian leader to dial back some measures that steered the country away from Western-style capitalism and contributed to China’s economic slowdown, according to government officials and advisers close to decision-making.
  • Under Mr. Li’s influence, those people said, Beijing recently eased a regulatory crackdown on private technology firms, loosened lending to property developers and home buyers, and acted to help some manufacturers resume production when much of China has been forced into lockdowns by Mr. Xi’s zero-Covid approach.

An interesting read if you can access the Journal.

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