The changeover of the new Chinese leadership has now taken...

The changeover of the new Chinese leadership has now taken office. Xi Jinping was voted as the leader of China and its military, during his speech at the National People's Congress (NPC) in Beijing he said

"He urged accelerating the adjustment of China's economic structure and the transformation of its mode of economic development, adding that the country must implement an innovation-driven strategy for future development that focuses on growth quality and performance."

"Our people have an ardent love for life. They wish to have better education, more stable jobs, more income, greater social security, better medical and health care, improved housing conditions and better environment," Xi said in the speech.

"They want their children to grow well, have ideal jobs and lead a more enjoyable life," he said. "To meet their desire for a happy life is our mission."


Doesn't sound like the economy is going to slow down like all the China bears think.