Paul Tsai China Center's Horsley on China NPC Two Sessions

The transcript discusses a work report from the Premier League, highlighting a 5% GDP growth target and its implications for economic reforms. It addresses leadership changes, particularly the rise of Li Qiang, and concerns about the shift from experienced economists to 'yes men.' The transcript also covers institutional restructuring, with financial institutions being absorbed into the party, raising concerns about professionalism and autonomy. The discussion concludes with the potential impact on international perceptions and the need to wait and see how these changes play out.

What was the GDP growth target mentioned in the work report?

• 7%

• 6%

• 5%

• 4%

What is a major concern regarding the new leadership in China?

• Lack of international experience

• Being 'yes men' to Xi Jinping

• Over-reliance on foreign investment

• Focus on military expansion

Who is expected to take over as the new premier?

• Xi Jinping

• Lee Kachang

• Lee Chong

• Wang Yang

What significant change is happening to state functions in China?

• They are being decentralized

• They are being outsourced to foreign companies

• They are being absorbed into the party

• They are being privatized

Which institutions are likely to be affected by the restructuring?

• Cultural institutions

• Healthcare institutions

• Educational institutions

• Financial institutions

What is a potential consequence of the party's increased control over state functions?

• Increased transparency

• Greater autonomy for local governments

• More opacity and less confidence in legal rights

• Improved international relations

How might the changes in China affect perceptions in the United States?

• They will see China as more democratic

• They will think China is becoming more open to foreign influence

• They will believe China has less control over its state functions

• They will view China as having more centralized control