• bitcoinBitcoin(BTC)$78,694.00-0.40%
  • ethereumEthereum(ETH)$2,493.710.31%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$754.332.04%
  • rippleXRP(XRP)$1.421.97%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$103.750.09%
  • tronTRON(TRX)$0.3392371.42%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.040.00%
  • zcashZcash(ZEC)$1,181.813.64%
  • HyperliquidHyperliquid(HYPE)$85.500.51%
  • dogecoinDogecoin(DOGE)$0.090853-0.14%
  • RainRain(RAIN)$0.016218-0.37%
  • USDSUSDS(USDS)$1.000.01%
  • whitebitWhiteBIT Coin(WBT)$81.556.65%
  • chainlinkChainlink(LINK)$12.53-1.73%
  • moneroMonero(XMR)$498.44-3.67%
  • leo-tokenLEO Token(LEO)$9.210.34%
  • cardanoCardano(ADA)$0.2208820.16%
  • stellarStellar(XLM)$0.188649-2.46%
  • bitcoin-cashBitcoin Cash(BCH)$259.60-0.11%
  • daiDai(DAI)$1.000.01%
  • Ethena USDeEthena USDe(USDE)$1.000.01%
  • CantonCanton(CC)$0.1087722.49%
  • USD1USD1(USD1)$1.00-0.01%
  • uniswapUniswap(UNI)$6.78-1.08%
  • litecoinLitecoin(LTC)$54.45-1.66%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.401.12%
  • hedera-hashgraphHedera(HBAR)$0.079335-3.17%
  • avalanche-2Avalanche(AVAX)$8.03-0.53%
  • suiSui(SUI)$0.820.63%
  • Global DollarGlobal Dollar(USDG)$1.00-0.01%
  • shiba-inuShiba Inu(SHIB)$0.0000050.55%
  • nearNEAR Protocol(NEAR)$2.351.60%
  • crypto-com-chainCronos(CRO)$0.0610377.27%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • MemeCoreMemeCore(M)$1.235.05%
  • tether-goldTether Gold(XAUT)$4,351.34-1.44%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • BittensorBittensor(TAO)$260.140.79%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • okbOKB(OKB)$114.15-2.33%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.32%
  • polkadotPolkadot(DOT)$1.2517.64%
  • mantleMantle(MNT)$0.642.40%
  • AsterAster(ASTER)$0.75-2.28%
  • aaveAave(AAVE)$129.40-2.12%
  • pax-goldPAX Gold(PAXG)$4,355.44-1.42%
  • OndoOndo(ONDO)$0.377182-1.46%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Li Keqiang: China’s former Premier dead at 68 according to state media

October 27, 2023
in Market & News
Reading Time: 5 mins read
A A
Li Keqiang: China’s former Premier dead at 68 according to state media
ShareShareShareShareShare

Thierry Monasse/Getty Images/File

Former Chinese Premier Li Keqiang speaking at the EU-China Summit in Brussels, Belgium in 2019.

YOU MAY ALSO LIKE

Watches, warnings discontinued as Hurricane Lowell pulls away from Hawaii – Hawaii News Now

Micron: Left In The Dirt As Peers Continue To Outperform It


Hong Kong
CNN
 — 

Former Chinese Premier Li Keqiang, once seen as a reform-minded contender to the country’s top leadership role, died of a sudden heart attack early Friday in Shanghai, state media reported.

He was 68 years old.

Li, who was nominally China’s No. 2 leader until late last year, served as the country’s premier – traditionally in charge of the economy – for a decade from 2013 to March this year under strongman leader Xi Jinping.

During his time in the role, Li navigated the world’s second-largest economy through a challenging period of rising technology and trade tensions with the United States, mounting government debt and unemployment, and the Covid-19 pandemic.

In his final year in power, the economist by training had been a strong voice warning of challenges to China’s economy amid widespread Covid-19 lockdowns.

He backed efforts to boost employment and maintain economic stability.

As the news of Li’s death broke Friday morning, social media users circulated a line from Li’s annual address to China’s rubber stamp parliament in 2022, where he pledged that, “No matter how the international environment may change, China will keep the course of wider openness.”

Li, known to use his English language skills on occasion in appearances outside the mainland, was seen as representing a different approach to China’s ties with the world, at a time when the country’s relations with the West have grown increasingly strained.

“China and the United States have common interests,” Li said in response to CNN’s question at his annual press conference in March 2021. “The two countries need to put more energy on their common ground and expand converging interests.”

Li is also remembered for his focus on addressing societal ills – with social media users on Friday also pointing to his 2020 comments noting that China still had 600 million people with a monthly income of 1,000 yuan ($137).

Those remarks came at a time when China was touting its success in lifting millions out of poverty as a point of national pride.

Li, a highly educated technocrat with degrees in law and economics, was considered friendly to the private sector. He was seen to have an increasingly diverging economic policy stance from Xi, who tightened party control over the economy.

Li is widely seen as a protege of Xi’s predecessor, Hu Jintao, who presided over an era of rapid growth in China from 2002 to 2012. The men shared economic sensibilities and rose to power through the Communist Party’s Youth League, once seen as a training ground for future leaders.

The faction was known for producing reform-minded leaders hailing from humble family backgrounds, but its influence is believed to have been crushed by Xi since he came to power.

The relationship between Li and Hu was in the spotlight last year when the former top leader was unexpectedly led out of the closing ceremony of the October 2022 Communist Party Congress, where Xi further consolidated power.

In a moment of drama during a usually highly choreographed event, Hu was escorted from the room, pausing on his way out to pat a stony-faced Li on the shoulder, who nodded and turned to watch the former leader depart. State media later suggested Hu left due to health issues.

Under Hu, Li was named to the party’s top leadership body, the Politburo Standing Committee, in 2007.

He previously held key roles as party chief in industrial Liaoning province and was provincial leader of Henan, an agricultural base.

Born in Anhui, Li spent his late teens doing manual labor with the Dongling Production Brigade in the eastern province during the Cultural Revolution, a decade-long social and political upheaval launched by late Chinese leader Mao Zedong.

Li was among the first batch of students to sit the college entrance exam after it was reinstated following the end of the Cultural Revolution. In 1978, he enrolled at the prestigious Peking University, where he studied law and later obtained a doctorate in economics.

Unlike Xi, Li is not considered one of China’s princelings hailing from a prominent party family. He held positions in the Communist Youth League Central Committee during the 1980s and 90s.

His time in the top echelons of China’s Communist Party came to a close last October, when he was not named to the party’s Central Committee during a twice-a-decade leadership reshuffle that saw Xi surround himself with key allies.

Then 67, Li was one year short of the unofficial retirement age for senior Chinese Communist Party leaders.

He was succeeded as premier earlier this year by former Shanghai party chief and Xi loyalist Li Qiang.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Watches, warnings discontinued as Hurricane Lowell pulls away from Hawaii – Hawaii News Now
Market & News

Watches, warnings discontinued as Hurricane Lowell pulls away from Hawaii – Hawaii News Now

September 8, 2026
Micron: Left In The Dirt As Peers Continue To Outperform It
Market & News

Micron: Left In The Dirt As Peers Continue To Outperform It

September 8, 2026
Reddit, Inc. (RDDT) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
Market & News

Reddit, Inc. (RDDT) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

September 8, 2026
Duffy puts Ford on notice over China ties, warns of security concerns – foxbusiness.com
Market & News

Duffy puts Ford on notice over China ties, warns of security concerns – foxbusiness.com

September 8, 2026
Next Post
Brittney Griner Testifies At Drug Charges Trial In Moscow Court

Brittney Griner Testifies At Drug Charges Trial In Moscow Court

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
How To Find And Hide An App On Android Auto

How To Find And Hide An App On Android Auto

September 7, 2026
How Long Should A Laptop Battery Last On A Single Charge?

How Long Should A Laptop Battery Last On A Single Charge?

September 7, 2026
Paramount Skydance agrees to delay Warner Bros. merger

Paramount Skydance agrees to delay Warner Bros. merger

September 5, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!