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Tiongkok Ex-PM Lee up lorry at 68yr old

k1976

Alfrescian
Loyal
Former Premier Li Keqiang, China’s top economic official for a decade, died Friday of a heart attack. He was 68.

Li was China’s No. 2 leader from 2013-23 and an advocate for private business but was left with little authority after President Xi Jinping made himself the most powerful Chinese leader in decades and tightened control over the economy and society.

CCTV said Li had been resting in Shanghai recently and had a heart attack on Thursday. He died at 12:10 a.m. Friday.
 

k1976

Alfrescian
Loyal
Li, an English-speaking economist, was considered a contender to succeed then-Communist Party leader Hu Jintao in 2013 but was passed over in favor of Xi. Reversing the Hu era’s consensus-oriented leadership, Xi centralized powers in his own hands, leaving Li and others on the party’s ruling seven-member Standing Committee with little influence.

As the top economic official, Li promised to improve conditions for entrepreneurs who generate jobs and wealth. But the ruling party under Xi increased the dominance of state industry and tightened control over tech and other industries. Foreign companies said they felt unwelcome after Xi and other leaders called for economic self-reliance, expanded an anti-spying law and raided offices of consulting firms.

Li was dropped from the Standing Committee at a party congress in October 2022 despite being two years below the informal retirement age of 70.
 

k1976

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Loyal
Li Keqiang, a former vice premier, took office in 2013 as the ruling party faced growing warnings the construction and export booms that propelled the previous decade’s double-digit growth were running out of steam.

Government advisers argued Beijing had to promote growth based on domestic consumption and service industries. That would require opening more state-dominated industries and forcing state banks to lend more to entrepreneurs.

Li’s predecessor, Wen Jiabao, apologized at a March 2012 news conference for not moving fast enough.
 

k1976

Alfrescian
Loyal
Xi took away Li’s decision-making powers on economic matters by appointing himself to head a party commission overseeing reform.

Xi’s government pursued the anti-graft drive, imprisoning hundreds of officials including former Standing Committee member Zhou Yongkang. But party leaders were ambivalent about the economy. They failed to follow through on a promised list of dozens of market-oriented changes. They increased the dominance of state-owned banks and energy and other companies.

Xi’s government opened some industries including electric car manufacturing to private and foreign competition. But it built up state-owned “national champions” and encouraged Chinese companies to use domestic suppliers instead of imports.
 

k1976

Alfrescian
Loyal
Borrowing by companies, households and local governments increased, pushing up debt that economists warned already was dangerously high.

Beijing finally tightened controls in 2020 on debt in real estate, one of China’s biggest industries. That triggered a collapse in economic growth, which fell to 3% in 2022, the second-lowest in three decades.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Former Premier Li Keqiang, China’s top economic official for a decade, died Friday of a heart attack. He was 68.

Li was China’s No. 2 leader from 2013-23 and an advocate for private business but was left with little authority after President Xi Jinping made himself the most powerful Chinese leader in decades and tightened control over the economy and society.

CCTV said Li had been resting in Shanghai recently and had a heart attack on Thursday. He died at 12:10 a.m. Friday.

He should have taken up cycling as a sport and he'd still be alive and well.
 

k1976

Alfrescian
Loyal
Li earned the nickname “Three Fires Li” and a reputation for bad luck after three fatal fires struck Henan while he was there. A Christmas Day blaze at a nightclub in 2000 killed 309 people. Other officials were punished but Li emerged unscathed.


Meanwhile, provincial leaders were trying to suppress information about the spread of AIDS by a blood-buying industry in Henan.

Li’s reputation for bad luck held as China suffered a series of deadly disasters during his term.

Days after he took office, a landslide on March 29, 2013, killed at least 66 miners at a gold mine in Tibet and left 17 others missing and presumed dead.

In the eastern port of Tianjin, a warehouse holding chemicals exploded Aug. 12, 2015, killing at least 116 people.

A China Eastern Airlines jetliner plunged into the ground on March 22, 2022, killing all 132 people aboard. Authorities have yet to announce a possible cause.
 

laksaboy

Alfrescian (Inf)
Asset
Akan datang: Winnie will die. Then China will descend into chaos, because he has no successor and the regime has been deeply tethered to himself in recent years. Think of North Korea without a Kim in charge. :biggrin:

Oh boy, my lanjiao is getting hard thinking of the shit China will experience. Be glad you are alive in this timeline to witness this. :cool:
 

k1976

Alfrescian
Loyal
Akan datang: Winnie will die. Then China will descend into chaos, because he has no successor and the regime has been deeply tethered to himself in recent years. Think of North Korea without a Kim in charge. :biggrin:

Oh boy, my lanjiao is getting hard thinking of the shit China will experience. Be glad you are alive in this timeline to witness this. :cool:
Influx of ATB Chiobu to our KTV and Spa?

Gheyland Cheekon Rice Index will plunge from all time high 200 to 40?
 
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