“HONG KONG (CNNMoney) — China’s ruling Communist Party named seven men to its powerful Politburo Standing Committee Thursday in a highly orchestrated ceremony that emphasized party unity and held out little immediate prospect of bolder economic reforms.
The ritual, which took place in Beijing amid heavy security, caps the 18th Communist Party National Congress. The selection of the seven, who can serve for a decade, provides a glimpse into the thinking of party officials and contains hints about government priorities as well as the political machinations behind the choice of China’s next generation of leaders.”
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