China's new leadership faces many challenges

China's new leadership faces many challenges

By Financial Times

China's new leadership team is due be unveiled at the Congress of the Chinese Communist Party, which begins next week in Beijing.The transition takes place against a troubled background. The economy is slowing and tensions are rising in a territorial dispute with Japan. Bo Xilai, who once expected to promoted in the reshuffle, is instead about to go on trial, and the outgoing premier, Wen Jiabao, has just been accused in the New York Times of using his position to accumulate huge wealth for his family. James Kynge, editor of FT China Confidential, and David Pilling, Asia editor, join Gideon Rachman to discuss the state of China at this crucial juncture.

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