Hong Kong’s new Chief Executive
On May 8, John Lee was elected as Hong Kong’s next leader with over 99 percent of the votes cast by a largely pro-Beijing election committee.
On May 8, John Lee was elected as Hong Kong’s next leader with over 99 percent of the votes cast by a largely pro-Beijing election committee.
The “two sessions”, the National People’s Congress and the National Committee of the Chinese People’s Political Consultative Conference, wrapped up in Beijing on March 11.
A sizeable part of the Chinese economy is still dominated by state-owned enterprises.
Due to their direct link to the government, they are often employed as spearheads for the roll-out of new policies.
With the concept of “common prosperity” set as a key goal of the Communist Party, China’s economic model seems to be heading for a big shift in the coming years.