Let us hope that Mr Wang does get included in the Central Committee of the Politburo; and that he retains his integrity and zealousness. Unless corruption is reduced substantially within the next five years, the future hold of the CPC on China will gradually but surely slip away.
Reuters: “A respected trade negotiator and former banker is likely to head China’s fight against corruption, a top priority for the world’s second-biggest economy, following his appointment to a key council at the end of the 18th congress of the Communist Party.
Known as “the chief firefighter”, Wang Qishan, 64, sorted out a debt crisis in southern Guangdong province where he was vice governor in the late 1990s. Later, he replaced the sacked Beijing mayor after a cover-up of the deadly SARS virus in 2003.
Wang is now a shoo-in for the elite standing committee, the highest level of decision-making in China, after being elected to the party’s central committee and its graft-battling Central Commission for Discipline Inspection.
“The bad news is that we are going to lose one of the most capable economic affairs managers in the country,” said Bo Zhiyue, a Chinese politics expert at the National University of Singapore.
“The good news is that the new Chinese leadership is really interested in doing something about corruption,” he added. “With the nickname ‘firefighter’, I think he would be one of the most capable leaders of the Politburo Standing Committee.”
via Respected China banker tipped to head anti-graft effort | Reuters.
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