InterviewXi's apparatchiks will struggle to revive economy: China watcher
President's inner circle lacks global trade and finance know-how, Willy Lam warns
Chinese President Xi Jinping, left, central bank chief Pan Gongsheng and Vice Premier He Lifeng. (Nikkei montage/Source photos by Reuters and AP)
AMY CHEW, Contributing writer
August 19, 2023 14:25 JST
KUALA LUMPUR -- China's economy is unlikely to recover anytime soon because President Xi Jinping's inner circle is mostly filled with apparatchiks rather than technocrats with the know-how to revive sagging growth, warns noted China watcher Willy Lam.