China’s new economic tsar faces challenges emulating his predecessor

Chinese Vice Premier He Lifeng attends a joint press conference following the 10th China-EU High-Level Economic and Trade Dialogue at the Diaoyutai State Guesthouse in Beijing, China September 25, 2023. REUTERS/Florence Lo/File Photo Acquire Licensing Rights BEIJING, Nov 1 (Reuters) – China’s new “economic tsar” He Lifeng is emerging as one of President Xi Jinping’s most powerful lieutenants, but some sources say he is yet to gain the standing of his predecessor in financial markets and the diplomat community. He, 68, replaced internationally respected Liu He as one of China’s four vice premiers during its annual parliament session in March….