SOUTH CHINA MORNING POST (China), BBC NEWS (UK),

Worldcrunch

BEIJING - One day after formally appointing Xi Jinping as the country’s new president for the next 10 years, China leaders have named Li Keqiang for a five-year term as premier, the last leg of a well-oiled generational transition of power.

Although Xi and Li hail from different backgrounds (Li is a protege of ex- President Hu Jintao, while Xi is the son of a revolutionary veteran) they have declared their intentions to combat widespread official corruption, reverse a widening income gap and repair China’s severely polluted environment -- issues that are driving public discontent, according to The South China Morning Post.

Li, a 57-year-old English-speaking bureaucrat, is the Communist Party’s No. 2 and has already served as China’s Vice-Premier.

Taking over for Wen Jiabao as premier, Li will oversee a large portfolio of domestic affairs and try to mend the financial woes of the world's second-largest economy, BBC News reports.

Watch Li Keqiang and Xi-Jinping shake hands in the video below.

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food / travel

Premium-Economy Pivot? Airlines Adjust Seat Size, Hope For Travel Rebound

Airlines are eyeing premium economy seating options to woo money-conscious business class travelers, and possibly weary economy passengers, back to air travel.

Changing travel patterns have led to airlines offering new products and reconfiguring cabins

René Armas Maes

-Analysis-

SANTIAGO — Back in May, I wrote that full-service airlines should start analyzing the costs, benefits, and impact of the demand of business travel, and see whether they would profit from reducing seats in executive class cabins, and from developing products like the premium economy class, which lies between business and economy in terms of comfort and price. They should start doing this in the last quarter of 2021 — I wrote back in May — especially considering that the demand for business class seats and its revenues were unlikely to recover in the following 12 months. And that is what is happening now.

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