Katsuji Nakazawa is a Tokyo-based senior staff writer and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

Chinese President Xi Jinping, left, has sidelined Premier Li Keqiang for most of the past nine years, taking over economic policy. (Nikkei montage/Xinhua/Kyodo/AP)
President Xi's economic miscues pave way to sharing of power