At a time when China is in its worst economic woes in recent years, Li Keqiang is playing a role, urging Xi to roll back some of the measures that have steered China away from Western-style capitalism and partly contributed to its slowdown, the report quoted government officials and advisers close to policymakers as saying.
Under the influence of Li Keqiang, the Chinese government has reportedly recently loosened regulation and rectification of private technology companies, eased lending restrictions on property developers and homebuyers, and swept many in China under Xi Jinping’s “dynamic zero” anti-epidemic policy. While the region is under lockdown, actions have been taken to help some manufacturing companies resume production and work.
The report also pointed out that Li Keqiang is trying to exert influence in finding his own successor, with the goal of finding a prime minister who can once more act as a check and balance.
Many party members are concerned that Mr. Xi is putting ideology above economic development, and that frustration with Mr. Xi’s authoritarian style is widening, creating opportunities for Li Keqiang and his supporters, the report quoted people familiar with the party’s discussions as saying.
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