A Battle Over Money in Beijing

WSJ – Economic policy is a flashpoint in China’s political succession fight.

China's Premier Li Keqiang at the 1+6 Roundtable on promoting economic growth in Beijing on July 22.
China’s Premier Li Keqiang at the 1+6 Roundtable on promoting economic growth in Beijing on July 22. Photo: Associated Press

 Aug. 17, 2016 6:40 p.m. ET 

A succession struggle is underway in China ahead of next year’s Communist Party Congress. And this time the central fight is over monetary policy instead of ideological slogans. The outcome has implications for China’s response to slowing economic growth.

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