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As documented here and elsewhere, in addition to the Pope and Putin, the third world leader US president Obama is "historically" meeting this week is China's President, and General Secretary of the Chinese Communist party, Xi Jinping. But just like everywhere else, the president is mostly a figurehead for far greater political and primarily financial interests backing him.
So who calls the shots in China? The following infographc lays out the key power divisions of political, economic and financial power in China at this moment.
Curious for more insights "from the ground"? Then read the following interview between Goldman's Allison Nathan and former PBOC monetary policy committee member and current professor at Tsinghua University, David Daokui Li.
WNU Editor: This post is a little bit of the "in the weeds" stuff on who runs China (Hint .... it is a lot of people). But for those who are interested in China .... a must read.
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