A New Agenda for China’s New Leaders?
Managers, workers, consumers, investors, and governments in every corner of the world, many reeling from their own economic problems, have a lot riding on China’s new leadership navigating reform sensibly, now and in years to come. With the transition almost complete, the world will soon know more about what to expect.
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STANFORD – Political leadership transitions typically signal either a change in direction or continuity. But the mere prospect of such a transition usually postpones some important political decisions and freezes some economic activity, pending the resolution of the accompanying uncertainty.