Shanghai's New Party Chief: A Safe Choice for a City on the Brink? Shanghai, China's financial hub and economic powerhouse, has appointed Zhu Zhongming as its new party chief.
This move is significant because it puts him in prime position to become the city's next mayor and underscores the Communist Party's preference for safe choices at a time when the city needs bold leadership.
Zhu, 54, has spent his entire career in finance, rising through the ranks of the provincial government in Zhejiang.