Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Trending Now

Christmas Cash Flow: 3 High-Yield Stocking Stuffers Under $10

December 20, 2025

Paychex, Inc. 2026 Q2 – Results – Earnings Call Presentation (NASDAQ:PAYX) 2025-12-19

December 19, 2025

Trulieve Cannabis: Cash-Generative Platform With Schedule III Optionality (OTCMKTS:TCNNF)

December 18, 2025

Maui Land & Pineapple: Rate Cuts Should Help Real Estate Plays (MLP)

December 16, 2025

HAP: An Option To Consider If Inflation And Commodities Rise In 2026 (NYSEARCA:HAP)

December 15, 2025

Brussels imposes sanctions on oil trader Murtaza Lakhani over Russia allegations

December 15, 2025
Facebook Twitter Instagram
  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact
Facebook Twitter Instagram
Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Sign Up for News & Alerts
Make a Living ClubMake a Living Club
Home » ‘Other leaders are corrupt’: Li Keqiang mourning poses challenge for Beijing
Business

‘Other leaders are corrupt’: Li Keqiang mourning poses challenge for Beijing

Press RoomBy Press RoomOctober 30, 2023
Facebook Twitter Pinterest LinkedIn WhatsApp Email

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Hundreds of mourners have flocked to Li Keqiang’s childhood home to pay their respects to a reformist politician many saw as the “people’s premier”, creating a potential political challenge for Chinese president Xi Jinping.

The popular outpouring for Li, who died suddenly last week aged 68, was mirrored in other cities and on Chinese social media, with many people contrasting the late premier’s relatively down-to-earth style with that of his more aloof colleagues.

The rare public outburst of grief for Li, who was largely sidelined by Xi while in office, presents a delicate situation for China’s ruling Communist party as it contends with a lagging economic recovery and geopolitical tensions, analysts said.

“We have a lot of other leaders who are corrupt but he wasn’t one of them,” said one woman who attended the same school as Li and had joined a crowd of mourners, watched over by rows of guards, placing flowers around the home where Li spent part of his childhood in Hefei, Anhui province.

“He cared for the poorest of society,” she added, wiping back tears.

A trained economist who headed Xi’s cabinet for a decade between 2013 and 2023 before he was replaced in March, Li was once seen as a possible contender for president. During his tenure as premier, China’s second-highest role, Li advocated for market-oriented reform and anti-poverty programmes. But he was gradually sidelined under Xi, China’s most powerful leader since Mao Zedong.

The death of a senior leader is often a sensitive moment for the Communist party, which must balance paying respects to former officials and defining their legacy to the party with preventing the occasion from becoming a lightning rod for protests or an opportunity to draw unfavourable comparisons with the current leadership. 

“Sometimes to praise the path not taken is to make a comment on the path that was taken,” said Wen-Ti Sung, a fellow at the Atlantic Council Global China Hub. “For some, Li Keqiang represented a relatively more laissez-faire attitude towards state-society relations, and he stood for allowing more space for societal and market forces.”

Xi faced a similar situation in November when former president Jiang Zemin, who presided over a period of high growth and relative economic openness, died aged 96.

Jiang’s death coincided with the outbreak of “white paper protests” in major cities across the country against Xi’s stringent zero-Covid lockdowns, where demonstrators held up pieces of blank paper in an allusion to censorship and intolerance of criticism of the pandemic controls. Soon thereafter, Xi abandoned the policy.

At Li’s former residence in Hefei, an elderly woman angrily claimed that the provincial and city governments should be doing more to honour the senior leader’s passing. Beijing has yet to announce plans for Li’s state funeral, while after Jiang died, the party established a mourning committee chaired by Xi and held a grand memorial service at the Great Hall of the People in Beijing. 

Bystanders were reluctant to discuss the current government. “We can’t say much because of the overall situation here. All we can say is, people love Premier Li,” the elderly woman said.

At Jiuzi village, an hour and a half from Hefei and the site of Li’s ancestral home, hundreds of people added bouquets to a sea of flowers in front of a simple, thatched-roof farmhouse. Many had driven from distant provinces to honour an official they described as the “people’s premier”.

One bouquet, donated by a construction company near Hefei, quoted a line that Li used early last year during the coronavirus pandemic to try to reassure investors that China would not close its doors to the outside world.

“The Yangtze River and Yellow River will not flow in reverse,” it said. “China’s open door will definitely not be closed.”

 The card concluded: “Good premier of the people, rest in peace.”

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Brussels imposes sanctions on oil trader Murtaza Lakhani over Russia allegations

Business December 15, 2025

At least 11 people killed in terror attack on Jewish festival at Sydney’s Bondi Beach

Business December 14, 2025

Trump’s immigration data dragnet

Business December 10, 2025

The power crunch threatening America’s AI ambitions

Business December 8, 2025

Fed expected to cut rates despite deep divisions over US economic outlook

Business December 7, 2025

The housing crisis is pushing Gen Z into crypto and economic nihilism

Business November 28, 2025
Add A Comment

Leave A Reply Cancel Reply

Latest News

Paychex, Inc. 2026 Q2 – Results – Earnings Call Presentation (NASDAQ:PAYX) 2025-12-19

December 19, 2025

Trulieve Cannabis: Cash-Generative Platform With Schedule III Optionality (OTCMKTS:TCNNF)

December 18, 2025

Maui Land & Pineapple: Rate Cuts Should Help Real Estate Plays (MLP)

December 16, 2025

HAP: An Option To Consider If Inflation And Commodities Rise In 2026 (NYSEARCA:HAP)

December 15, 2025

Brussels imposes sanctions on oil trader Murtaza Lakhani over Russia allegations

December 15, 2025
Trending Now

Invesco Charter Fund Q3 2025 Portfolio Positioning And Performance Highlights

December 14, 2025

At least 11 people killed in terror attack on Jewish festival at Sydney’s Bondi Beach

December 14, 2025

Wall Street Roundup: Market Reacts To Earnings

December 12, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Make a Living is your one-stop news website for the latest personal finance, investing and markets news and updates, follow us now to get the news that matters to you.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Topics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
Quick Links
  • Cookie Policy
  • Advertise with us
  • Get in touch
  • Submit News
  • Newsletter

Subscribe to Updates

Get the latest finance, markets, and business news and updates directly to your inbox.

2025 © Make a Living Club. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.