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Friday, 16 November 2012 - China names conservative, older leadership |
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      Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. 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Reuters is chronicling the first year in the life of South Sudan - and assessing the odds of whether it will flourish or fail.  Live Coverage | Slideshow  South Sudan's Chinese oil puzzle A rocky start for the world's newest nation South Sudan rebel now president takes on poverty In South Sudan, a state of dependency The wonks who sold Washington on South Sudan Sponsored Links China names conservative, older leadership Tweet Share this Email Print Related News China's new leaders could have reform thrust upon them Thu, Nov 15 2012 China's new leaders take stage in scripted political theater Thu, Nov 15 2012 Analysis & Opinion Old hands to become China’s new finance guards China’s leadership line-up gets 6.5 out of 10 Related Topics World » China » Investing Simplified » Related Video China unveils new leadership with Xi at top Thu, Nov 15 2012 Raise the red curtain: China's new leadership unveiled China welcomes new leadership How the Cultural Revolution sculpted China's new leaders 1 of 7. Newly-elected General Secretary of the Central Committee of the Communist Party of China (CPC) Xi Jinping (L) speaks as he meets with the press with other new Politburo Standing Committee members (from 2nd L to R) Zhang Gaoli, Liu Yunshan and Zhang Dejiang at the Great Hall of the People in Beijing, November 15, 2012. Credit: Reuters/Carlos Barria By Ben Blanchard and Sui-Lee Wee BEIJING | Thu Nov 15, 2012 8:57pm EST BEIJING (Reuters) - China's ruling Communist Party unveiled an older, conservative leadership line-up on Thursday that appears unlikely to take the drastic action needed to tackle pressing issues like social unrest, environmental degradation and corruption. New party chief Xi Jinping, premier-in-waiting Li Keqiang and vice-premier in charge of economic affairs Wang Qishan, all named as expected to the elite decision-making Politburo Standing Committee, are considered cautious reformers. The other four members have the reputation of being conservative. The line-up belied any hopes that Xi would usher in a leadership that would take bold steps to deal with slowing growth in the world's second-biggest economy, or begin to ease the Communist Party's iron grip on the most populous nation. "We're not going to see any political reform because too many people in the system see it as a slippery slope to extinction," said David Shambaugh, director of the China Policy Program at George Washington University's Elliott School of International Affairs. "They see it entirely through the prism of the Soviet Union, the Arab Spring and the Colour Revolutions in Central Asia, so they're not going to go there." Vice-Premier Wang, the most reform-minded in the line-up, has been given the role of fighting widespread graft, identified by both Xi and outgoing President Hu Jintao as the biggest danger faced by the party and the state. The run-up to the handover has been overshadowed by the party's biggest scandal in decades, with former high-flyer Bo Xilai sacked as party boss of southwestern Chongqing city after his wife was accused of murdering a British businessman. Bo, who has not been seen in public since early this year, faces possible charges of corruption and abuse of power. One source said an informal poll was held by over 200 voting members in the party's central committee to choose the seven members of the standing committee from among 10 candidates. Two of them who had strong reform credentials - Guangdong party boss Wang Yang and party organization head Li Yuanchao - failed to make it, along with the lone woman candidate Liu Yandong. The source, who has ties to the leadership, told Reuters on condition of anonymity that Wang and Li Yuanchao, both allies of Hu, did not make it to the standing committee because party elders felt they were too liberal. However, all three are in the 25-member Politburo, a group that ranks below the standing committee. It was earlier believed the voting was confined to the Politburo. OLDER In the end, the seven-member leadership has an average age of 63.4 years compared with 62.1 five years ago. Xi led the others out in a parade at the Great Hall of the People, with all seven dressed in identical dark blue suits, all but one set off by red or maroon ties. The final line-up of the team and even the number was speculated on for weeks. The committee was cut to seven members from nine, which should ease consensus building and decision making. Except for Xi and his deputy Li Keqiang, all the others in the standing committee - the innermost circle of power in China's authoritarian government - are 64 or above and will have to retire within five years, when the next party congress is held. That means the party may just tread water on the most vital reforms until then, although after that, Xi would probably have more independence in choosing his team. The current line-up has been finalized by Xi and Hu, and by former president Jiang Zemin, who has wielded considerable influence in the party after the tumult over the Bo Xilai scandal. Wang and Li Yuanchao could make it to the standing committee at the next party congress in 2017, perhaps along with so-called "sixth generation" leaders like Inner Mongolia party chief Hu Chunhua. "The leadership is divided," said Jean-Pierre Cabestan, a Chinese politics expert at Hong Kong Baptist University, adding however that the new leadership would find it easier to make progress on economic reform rather than political change. "It's easier for them to move to a new growth model. I think they agree upon that and that won't be the hardest task. But I see a lot of political paralysis." Tony Saich, a China politics expert at Harvard's Kennedy School of Government, said: "To me it smacks of a holding pattern. I think the understanding is that Wang Yang has a good shot in five years' time." "SEVERE CHALLENGES" Besides party chief, Xi was also appointed head of the party's top military body, which gives him two of the three most important posts in the country. He will take over from Hu as president in March. Jiang, who was Hu's predecessor, did not give up the military post until two years after giving up the party leadership. Xi said in an address that he understood the people's desire for a better life but warned of severe challenges going forward. "We are not complacent, and we will never rest on our laurels," he said after introducing the standing committee at the Great Hall of the People in a carefully choreographed ceremony carried live on state television. "Under the new conditions, our party faces many severe challenges, and there are also many pressing problems within the party that need to be resolved, particularly corruption, being divorced from the people, going through formalities and bureaucracy caused by some party officials." North Korean-trained economist Zhang Dejiang is expected to head the largely rubber-stamp parliament, while Shanghai party boss Yu Zhengsheng is likely to head parliament's advisory body, according to the order in which their names were announced. Tianjin party chief Zhang Gaoli and Liu Yunshan, a conservative who has kept domestic media on a tight leash, make up the rest of the group. Zhang should become executive vice premier. "Words from the new leadership will be reform-minded, but deeds would be very cautious at least in economic and financial restructuring," said Alberto Forchielli, managing partner at Mandarin Capital Partners in Shanghai. Advocates of reform are pressing Xi to cut back the privileges of state-owned firms, make it easier for rural migrants to settle in cities, fix a fiscal system that encourages local governments to live off land expropriations and, above all, tether the powers of a state that they say risks suffocating growth and fanning discontent. With growing public anger and unrest over everything from corruption to environmental degradation, there may also be cautious efforts to answer calls for more political reform, though nobody seriously expects a move towards full democracy. The party could introduce experimental measures to broaden inner-party democracy - in other words, encouraging greater debate within the party - but stability remains a top concern and one-party rule will be safeguarded. In contrast to the mounting excitement until the announcement of the standing committee at the Great Hall of the People, the unveiling barely caused a ripple in China's vast countryside. "We're not really that interested," said Chen Yongjiang, a fruit and vegetable farmer in Chenjiapu, a snow-covered village in Hebei province. "For those of us in the farmlands and the mountains, as long as they make life better for us, we're happy." (Additional reporting by Benjamin Kang Lim, Sabrina Mao and Sally Huang; Writing by Ben Blanchard; Editing by Nick Macfie and Raju Gopalakrishnan) World China Investing Simplified Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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