China's ex-premier leaves an unfinished reform legacy

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China's ex-premier leaves an unfinished reform legacy
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BEIJING - When China's Communist Party released the names of its 205-person Central Committee a year ago, there was a glaring omission: Li Keqiang, the premier.

But rather than push changes advocated by many economists, such as renewed urbanisation and more space for private enterprise, China under Xi has put more power in the hands of the state. The English-speaking premier, who held a PhD in economics from the elite Peking University, focused on improving conditions for entrepreneurs, wooing foreign investors, cutting red tape and boosting incomes for the poor.

Li was not the only pro-reform leader who ended up out of the picture. Former economic tsar Liu He, former banking regulator Guo Shuqing, and former central bank chief Yi Gang, have all left government.

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