China Starts to Reshuffle Engineers of Economic Boom

Summary

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HONG KONG (Reuters) - China has begun work on an 18-month reshuffle of its top economic and regulatory policy officials as part of a leadership transition that will see President Hu Jintao and Premier Wen Jiabao hand their posts to a younger generation.

Sources and analysts with ties to China's ruling elite say the political musical chairs among ministers, cabinet officials, agency chiefs and provincial governors is under way and will run its course by early 2013.

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China Starts to Reshuffle Engineers of Economic Boom

In the meantime, with officials unsure of where they will end up, the jockeying could lead to a slowdown in the reform agenda in the world's second-largest economy. That slowdown could approach policy paralysis as a Communist Party Congress late next year finalizes the changes to the teams that have led China's runaway growth o...

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