China's Economy Czar Appointed as Director of Key Party Commission

China's Vice Premier He Lifeng has been appointed as the director of the ruling Communist Party's commission covering economic policy, the financial sector, and trade ties with Washington. He has also replaced Liu He as director of the office of the Central Finance and Economic Affairs Commission. This has raised surprise among analysts, as they had expected Premier Li Qiang to take a bigger role in economic affairs. However, He's ascent has strengthened his status as the country's economic overlord.