China's Xi gets chance to tighten hold on economy at meeting

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China's Xi gets chance to tighten hold on economy at meeting
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BEIJING: President Xi Jinping, China's most influential figure in decades, gets a chance to install more allies who share his vision of an even more dominant role in the...

BEIJING: President Xi Jinping, China's most influential figure in decades, gets a chance to install more allies who share his vision of an even more dominant role in the economy for the ruling Communist Party and tighter control over entrepreneurs at a party meeting that starts this weekend.

Under the 1950s propaganda slogan 'common prosperity,' Xi is pushing entrepreneurs to help narrow China's wealth gap by paying for rural job creation and other initiatives.Li, the No. 2 leader, is due to step down as premier next year but at 67 is a year below party retirement age. It isn't clear whether he might stay on the Standing Committee and take a different government post.

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