Hints and tips:
...Sullivan recently raised the issue in Washington with Liu Jianchao, head of the Communist party’s international department, who some believe will succeed Wang as foreign minister....
...US ambassador Nicholas Burns met China’s commerce minister Wang Wentao on Thursday, following talks with foreign minister Qin Gang on Monday....
...Yellen met Liu He, the top Chinese economic official, in Zurich last month....
...Li was the second cabinet minister to be ousted this year, after Qin Gang, Xi’s former foreign minister, was replaced by his predecessor Wang Yi in July following a month-long absence from public commitments...
...Liu and Yi Gang, governor of the People’s Bank of China and a highly respected technocrat who was appointed central bank chief at Liu’s insistence, are also wary of broad-based rate cuts....
...A wave of gang violence has rocked Ecuador after the disappearance of a powerful drug gang boss from jail, prompting the government to declare a state of emergency....
...Additional reporting by Nian Liu Follow @FTMag to find out about our latest stories first...
...It removed Liu Kun as minister of finance, whose departure had been signalled last month as part of Beijing’s reshuffle of its economic team....
...Additional reporting by Nian Liu in Beijing...
...Among them is Liu Yanping, a former anti-corruption chief, who stands accused of “participating” in Sun Lijun’s clique, according to state media....
...Liu and He are said to be close because they were classmates at Xiamen University....
...Former foreign minister Qin Gang was absent from public commitments for a month before he was replaced by his predecessor, Wang Yi, last week....
...Li urged the officials in attendance, including vice-premiers Liu He and Han Zheng and central bank governor Yi Gang, to help companies resume production....
...Earlier on Friday, she met Liu and Yi Gang, the outgoing governor of the People’s Bank of China. “Yellen does not know her counterparts who oversee Chinese economic policy,” said Kennedy....
...China’s former foreign minister Qin Gang was absent from public commitments for a month before he was replaced by his predecessor, Wang Yi, last week....
...Additional reporting by Ryan McMorrow and Nian Liu in Beijing...
...People who interact with Yi Gang said that in the past, he and his immediate boss in government, former vice-premier and economic chief Liu He, made most of the important decisions on monetary policy....
...In a recent private meeting, officials including PBoC deputy governor Liu Guoqiang argued against relying on monetary stimulus alone, according to one person present....
...Spokesperson Liu Pengyu said China “cannot but seriously question the independence, openness and transparency of the so-called investigation”....
...Economic tsar Liu He, banking regulator Guo Shuqing and central bank governor Yi Gang all appear likely to step down, having not been named in the 205-member Central Committee....
...Xi protégés from Fujian include He Lifeng, whom many expect will replace Liu He as Xi’s economic tsar; Cai Qi, the new party head for propaganda and ideology; and public security minister Wang Xiaohong —...
...Kelleher was speaking on a panel with Goldman Sachs chief David Solomon, Morgan Stanley chief James Gorman, Blackstone chief financial officer Michael Chae and Bank of China president Liu Jin....
...Local police have accused a criminal gang led by a businessman named Lu Yi of falsifying loans and illegally transferring bank funds in a case that reportedly involves hundreds of thousands of depositors...
...Additional reporting by William Langley and Cheng Leng in Hong Kong, and Nian Liu and Ryan McMorrow in Beijing...
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