China on Saturday named Li Qiang, a close confidant of top leader Xi Jinping, as the country’s next premier nominally in charge of the world’s second-largest economy now facing some of its worst prospects in years.
Li was nominated by Xi and appointed to the position with no dissenting voices at Saturday morning’s session of the National People’s Congress, China’s ceremonial parliament. That came a day after Xi, 69, secured a norms-breaking third five-year term as state leader, setting him up to possibly rule for life.
