BEIJING -- The death of former Premier Li Keqiang on Friday served as a reminder of the decline of the pro-market reformist wing of the Chinese Communist Party, as President Xi Jinping extends the government's reach over the economy.
Beijing's recent clampdown heightens risks to economic stability

Chinese President Xi Jinping, left, has tightened the state's grip on the economy, departing from the market-focused approach of former Premier Li Keqiang, right. (Photo by Yusuke Hinata)
BEIJING -- The death of former Premier Li Keqiang on Friday served as a reminder of the decline of the pro-market reformist wing of the Chinese Communist Party, as President Xi Jinping extends the government's reach over the economy.