In the News
March 17, 2018
China’s government is about to be massively restructured to fit President Xi Jinping’s agenda.
From a powerful new financial regulator to a super ministry to deal with the environment, wide-reaching changes to the way China is governed were passed by the National People’s Congress, the country’s rubber-stamp parliament, on Saturday.
Experts said the sweeping reforms were some of the largest since the end of the Mao Zedong era in the 1970s.
“Clearly Xi is shoring up his power, but I would suggest what China also wants to do more than anything else is define a mode of government which is not liberal and at the same time … is predictable, reliable, which is safe for businesses to invest in,” Rana Mitter, director of the University China Center at Oxford, told CNN.
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New evidence from a University of Chicago study found China was making progress in its “war on pollution,” improving air quality by as much as 42% in parts of the country.