China’s leadership reshuffle reassures foreign investors

New names in China’s leadership and President Xi Jinping’s tightened grip of power raises the likelihood that that the country will press ahead with economic reforms and seek to instill more order into the financial market. These are seen as welcoming signs for foreign investors who invest in or want to sell more products into a country that is grappling with several financial problems, ranging from mounting debt and asset bubbles. The make-up of the Politburo Standing Committee…