Economics

China Risks Talent Mismatch as Wang Gets Discipline Job

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Vice Premier Wang Qishan, China’s counterpart to U.S. Treasury Secretary Timothy Geithner, was named to the Communist Party’s discipline body as part of a once-a-decade leadership transition, indicating he won’t have a post directly overseeing the economy in the new government.

Wang, 64, was appointed to the Communist Party’s Central Commission for Discipline Inspection, the official Xinhua News Agency reported today. That signals that Wang will take the top discipline post on the party’s Politburo Standing Committee, which will be unveiled tomorrow, said Bo Zhiyue, senior research fellow at the National University of Singapore’s East Asia Institute.