"Uncle" Wang?

Posted by jeckert on 05/24/2010

wang-qishan Chinese Vice Premier Wang Qishan often jokes that he is the "uncle" of Treasury Secretary Tim Geithner due to a family relationship...and it may be that he is Geithner's greatest hope for significant economic and trade policy reform in China. According to BusinessWeek, Wang will more than likely be mentioned to succeed Premier Wen in 2013, "when the country will be looking for a seasoned hand to guide China to full yuan convertibility." Though Wang's strong American relationships, extreme intelligence, and firm grasp on the global economy make him an ideal successor (as well as a proponent of America's encouragement of a currency revaluation), he is still only one person in a Politiburo made up of 25, and is not first in line to succeed Wen. Li Keqiang, the executive vice premier is most-likely to inherit the Premier title, though Wang is more fit to do so. Read more here and stay tuned for further coverage of the S&ED in Beijing.

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