Tag Archives: leaders

The 9 members of China’s communist party who rule the country

 

It is a great piece that shares little known facts about the Rising Tiger, like all the elites dye their hair black (usually with “jet-black pompadours”) and only go gray once they retire or are imprisoned.

Others like how leaders are chosen every 5 years at the National Congress and the preferable color of tie is red.

The last one was held in 2007, which means that we are due. The reigning group of elites, made up of 9 men, are very powerful and completely in control of this vast country. This group includes current president Hu Jintao, and his possible replacements Xi Jinping and Wang Yang.

After them are seven more individuals who each hold immense amount of power and sway. The Foreign Policy article has bios for each of them, here is one:

 

Wang Qishan

The mayor of Beijing from 2003 to 2007, Wang Qishan is currently the vice premier responsible for economic, energy, and financial affairs, serving under outgoing premier Wen. Wang’s former counterpart, former Treasury Secretary Hank Paulson, called him “decisive and inquisitive,” with a “wicked sense of humor.” The son-in-law of the late Vice Premier Yao Yilin, Wang is one of the princelings, a group of often high-ranking leaders who are the sons and daughters of top officials. Chinese political observers see princelings like Wang as more closely allied with the leadership faction of former President Jiang Zemin than that of current President Hu Jintao. Brookings’ Li thinks Wang, nicknamed “chief of the fire brigade” for his competence amid crisis, is almost certain to obtain a seat on the Standing Committee.

 

The rest of them are just as interesting, keep reading – Meet China’s Next Leaders

 

 

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China doubles loans to Africa, now $20 billion, and agrees to operate responsibly

China said Thursday it would offer $20 billion in new loans to Africa, underscoring the relationship’s growing importance, as Chinese companies agreed to operate more responsibly on the resource-rich continent.

Beijing has poured money into Africa over the last 15 years, seeking to tap into its vast natural resources, and China became the continent’s largest trading partner in 2009.

But its aggressive move into the continent has at times caused friction with local people, with some complaining Chinese companies import their own workers, flout labour laws and mistreat local employees.

Addressing African leaders including South African President Jacob Zuma and Kenya Premier Raila Odinga, President Hu Jintao said the loans would focus on supporting infrastructure, manufacturing and the development of small businesses.

 

Source: Yahoo! News - China doubles loans to Africa to $20 billion

 

 

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Latest United Nations conference on sustainability takes a new approach – action not treaties

Government leaders, bankers and corporate CEOs took advantage of the gathering of 50,000 people at Rio+20 — the largest meeting in U.N. history — to announce new partnerships, programs and investments.

U.N. Secretary-General Ban Ki-moon called the $513 billion in commitments “a significant legacy of this conference — billions of dollars’ worth of actions and investments that will have the power to transform lives across the globe.”

To some of those present, the conference presented a new model, a global gathering to inspire government and corporate leaders and others to move ahead and build momentum — rather than waiting for world leaders to reach consensus on a treaty to address climate change or other environmental matters.

“We cannot be boxed in by the orthodoxies of the past,” Secretary of State Hillary Rodham Clinton said in a speech to delegates of more than 190 nations. “We need fresh, agile, action-oriented partnerships that can produce results year after year after year.”

 

More on this storyU.N. sustainability summit ends with $513 billion in pledges

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