From a business perspective, the results of the US election last month broadly maintained things as they were. But the once in a decade political changes that occurred in China at the same time are likely to have a far greater impact. Xi Jinping, the charismatic son of a relatively political liberal father, gained control of both the Communist Party and the Chinese military and is set to be appointed as President next March.
December 13, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Baker & McKenzie assesses whether Xi Jinping’s rise to power will mark a shift in Chinese economic policy
From a business perspective, the results of the US election last month broadly maintained things as they were. But the once in a decade political changes that occurred in China at the same time are likely to have a far greater impact.
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