29 September, 2012

China's Leaders: Who Holds the Real Power? - Businessweek

China's Leaders: Who Holds the Real Power? - Businessweek: The Standing Committee, which Cabestan says usually meets once a week in the Zhongnanhai leadership compound just off Tiananmen Square, makes the ultimate decisions on all major policies, and the members must reach consensus. The committee has a record of effectiveness: rolling out a massive stimulus during the global financial crisis; building national infrastructure; combating severe acute respiratory syndrome and the religious sect Falun Gong; and more recently, deciding to allow and even encourage anti-Japanese protesters to take to the streets. With these initiatives, there were no clear losers inside the establishment. “What they are able to get done is more nuts and bolts. They can arrest people. They can build a railroad or an airport. But it’s the bigger things that are much harder,” says Schell.