Monday, May 24, 2010

Have the Banksters "Captured" the Next Premier of China?

Business Week/Bloomberg has a profile out on China's Vice Premier, Wang Qishan.

The man is a living breathing front for the banksters. Get a load of this, as reported by BWB:

The Chinese official who is facing Timothy Geithner in Beijing today jokingly calls himself the Treasury secretary’s “uncle” because of a family connection. Geithner may one day call him “Premier.”...Wang, who oversees China’s financial sector, is mentioned for membership in the ruling Politburo Standing Committee and as a successor to Premier Wen Jiabao...

Geithner says Wang is China’s “definitive preeminent troubleshooter, firefighter, problem solver.” He is also a high-level emissary to business leaders: During a three- month stretch this year, Wang met with Citigroup Inc. Chief Executive Officer Vikram Pandit, JPMorgan Chase & Co. CEO Jamie Dimon and UBS Investment Bank Vice Chairman Leon Brittan.

“Wang has done everything and he’s very good at it,” said Robert Hormats, the U.S. undersecretary of state for economics, energy and agriculture and a former Goldman Sachs Group Inc. banker who first met Wang in the 1980s. “He knows the American relationship inside and out. He has had great relations with a number of American officials for decades.”...

Dimon said in an e-mail that Wang was “extremely smart, engaged and deeply knowledgeable about issues, finance and history.”

Yesterday Wang met Federal Reserve Chairman Ben S. Bernanke, where they talked about the global economy, the official Xinhua News Agency reported. Wang also dined with Geithner last night...

Li Cheng, director of research at the Brookings Institution’s John L. Thornton China Center in Washington, says Wang’s experience means he’ll likely be named to the standing committee in 2012, giving foreign bankers a familiar face at the top of China’s power structure.

Wang, 61, is also being mentioned within the party as a possible candidate to succeed Wen in 2013, when the country will be looking for a seasoned hand to guide China to full yuan convertibility, said Li and Victor Shih, a professor at Northwestern University in Evanston, Illinois, who studies Chinese politics and finance...

In a Washington speech last July, Wang called himself Geithner’s “uncle,” referring to ties he had with the Treasury secretary’s father, Peter,[Here's that interesting Geithner's father connection, again -RW] who headed the Ford Foundation’s office in Beijing in the 1980s. Geithner, 48, who pronounces Wang’s name with the correct Chinese tones, was a Dartmouth College student in Beijing in the early 1980s.
Wang, may, or may not, be the next Premier of China, some think it may be, as BWN indicates, Li Keqiang but, Wang certainly appears to be the banksters man in China.

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