March 22, 2010

Xi and Li at Home and Abroad

China's senior leaders are taking a back seat this week to allow the next generation a chance at the helm. Vice President Xi Jinping began a four-nation European state visit in Vladivostock with President Medvedev and PM Putin and other senior Russians there to greet him. Xi is traveling with a large entourage of important mandarins including Zhang Guobao, director of the National Energy Administration of China. They will travel the length of Russia to the Baltic and visit Finland and Sweden.

In Beijing, Vice Premier of the State Council Li Keqiang delivered the keynote speech at the China Development Forum 2010. The forum opened on Saturday and features a full range of heady topics and addresses by a who's who of global mulitnational corporations and NGOs from the IMF to OECD and from Morgan Stanley to Ford and Bombardier. The participation makes mockery recent mainstream media reports focusing solely on Google and false claims that foreign companies are "wary" of doing business in China or pulling out altogether.

Meanwhile a tourism forum on Hainan brought former US Secretary of State Condoleezza Rice to Beijing to meet with an old friend.

Xi Jinping and Li Keqiang are expected to be the next President and Prime Minister of China but I still believe either man could be President in 2013....

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