Exclusive: Google Ventures beefs up fund size to $300 million a year

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UK PM warns of witch-hunt against gays in pedophile scandal

LONDON (Reuters) – British Prime Minister David Cameron warned on Thursday that speculation about the identity of an unidentified member of his ruling Conservative party accused of sexually abusing children could turn into a witch-hunt against gay people.

Cameron, who leads a troubled two-party coalition, ordered an investigation this week after a victim of child sexual abuse in Wales said a prominent Conservative political figure had abused him during the 1970s.

The claims, which follow the unmasking of late BBC star presenter Jimmy Savile as one of Britain’s most prolific sex offenders, have stoked concern that a powerful pedophile ring may have operated in Britain in the 1970s and 1980s.

“I have heard all sorts of names bandied around and what then tends to happen is of course that everyone then sits around and speculates about people, some of whom are alive, some of whom are dead,” Cameron said during an ITV television interview.

“It is very important that anyone who has got any information about any pedophile no matter how high up in the country go to the police,” he said.

Britain’s interior minister warned lawmakers this week that if they named suspected child abusers in parliament they risked jeopardizing future trials.

MPs benefit from “parliamentary privilege” – meaning they can speak inside parliament freely without fear of legal action on a host of legally sensitive issues that might otherwise attract lawsuits.

Reports of child abuse have provoked fevered speculation on the Internet about the identity of the Conservative figure from the era of Margaret Thatcher, prime minister from 1979 to 1990.

When the ITV interviewer passed Cameron a piece of paper with the names of people identified on the Internet as being alleged child abusers, Cameron said:

“There is a danger if we are not careful that this could turn into a sort of witch-hunt particularly against people who are gay.”

“I am worried about the sort of thing you are doing right now – giving me a list of names you have taken off the Internet,” Cameron said.

The BBC aired a program last week in which Steven Messham, one of hundreds of victims of sexual abuse at children’s care homes in Wales over two decades, said he had been sexually abused by a prominent Conservative political figure.

However, the BBC reporter said he could not name the figure because there was “simply not enough evidence to name names”.

(Reporting by Guy Faulconbridge; Editing by Andrew Osborn)

Celebrity News Headlines – Yahoo! News

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Sudan’s Bashir vows “painful response” to alleged Israel bombing

KHARTOUM (Reuters) – Sudan‘s President Omar Hassan al-Bashir on Thursday promised his country would respond robustly to what he believes was an Israeli bombing of a Khartoum arms factory and said he was in “perfect health” after undergoing surgery in Saudi Arabia.

Sudan last month accused Israel of carrying out an air strike on the Yarmouk arms factory in the south of Khartoum, causing a blast that killed four people.

Israel has not commented on the charge, but has long accused Sudan of channeling weapons from Iran to the Hamas-controlled Gaza Strip.

“I am in perfect health, and our response to Israel will be painful,” state radio quoted Bashir, 68, as saying in a brief text message sent to mobile phones.

Bashir, who came to power in a bloodless 1989 coup, left hospital in Saudi Arabia on Wednesday after undergoing a “small, successful” operation, state media said.

Sudanese blogs and newspapers had begun to speculate about the president’s health because he has held fewer public rallies in the past few months. He underwent surgery on his vocal cords in Qatar in August, an official said last month.

Over more than two decades in power, Bashir has weathered multiple armed rebellions, years of U.S. trade sanctions, an arrest warrant from the International Criminal Court, waves of student protests, and the secession of oil-producing South Sudan last year.

He is known for his fiery speeches and for dancing and waving his walking stick at public events.

(Reporting by Khalid Abdelaziz; Writing by Alexander Dziadosz; Editing by Andrew Osborn)

Health News Headlines – Yahoo! News

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New storm dumps snow, snuffs NE power

NEW YORK (AP) — The nor'easter that stymied recovery efforts from Superstorm Sandy pulled away from New York and New Jersey Thursday, leaving hundreds of thousands of new people in darkness after a blanket of thick, wet snow snapped storm-weakened trees and downed power lines.

From Brooklyn to storm-battered sections of the Jersey shore and Connecticut, about 750,000 customers — more than 200,000 from the new storm — in the region were without power in temperatures near freezing, some living for days in the dark.

"We lost power last week, just got it back for a day or two, and now we lost it again," said John Monticello of Point Pleasant Beach, N.J. "Every day it's the same now: turn on the gas burner for heat. Instant coffee. Use the iPad to find out what's going on in the rest of the world."

But most were just grateful the new storm didn't bring a fresh round of devastation.

"For a home without power, it's great. It came through the storm just great," said Iliay Bardash, 61, a computer programmer on Staten Island without electricity since last week. "But things are not worse, and for that I am thankful."

Nearby, Vladimir Repnin emerged from his powerless home with a snow shovel in his hand, a cigarette in his mouth and a question from someone cut off from the outside world.

"Who won? Obama?" he asked.

He didn't like the answer.

"The Democrats ruined my business," he said, referring to his shuttered clothing manufacturing firm.

Unlike other holdouts who got by with generators or gas stoves, the 63-year-old from the Ukraine has been without power since Sandy brought eight feet of water through his door and his neighbor's deck into his yard. He tried to beat the cold Wednesday night by sleeping with his Yorkie Kuzya and cat Channel.

"I had the dog right here," he said, pointing to his left side, "and the cat on my chest. It was still too cold, but I cannot leave my house."

Throughout Staten Island's beach area, the storm had blanketed growing piles of debris with several inches of snow. By mid-morning, it was starting to melt, filling the streets with filthy sludge.

Roads in New Jersey and New York City were clear for the morning commute, and rail lines into New York were running smoothly so far, despite snow still coming down heavily in some areas.

The nor'easter, as promised, brought gusting winds, rain and snow, but not the flooding that was anticipated.

"The good news, thank goodness, is except for maybe 2 inches of snow, there were no other problems," said Randi Savron, 51, a schoolteacher who lives in the Rockaways, one of the areas that flooded badly last week. The idyllic beachfront boardwalk was loosed from pilings and ended up outside her apartment building door.

She said it seemed like work would continue.

But additional outages could stall recovery efforts, even though utility companies had prepared, adding extra crews ahead of the nor'easter.

In New Jersey, there were about 400,000 power outages early Thursday; 150,000 of those were new. In New York City and Westchester, more than 70,000 customers were without power after the storm knocked out an additional 55,000 customers.

For Consolidated Edison, the extra outages were dealt with swiftly, so there were only about 3,000 additional customers without power from the total Wednesday of 67,000.

"I think we're going to be able to power through. Our objective was to get power restored to everyone by the weekend and we're still working with that goal," said Alfonso Quiroz, a spokesman for the utility.

On Long Island, an area badly battered, there were 125,000 new outages, but about 80,000 were restored, making a total of about 300,000 customers without power. Long Island Power Authority spokesman Mark Gross said the utility was assessing new damage while working to restore outages.

Paul Farash of West Babylon, N.Y. said he got power back after three days and didn't lose it again.

"Whatever I experienced was minimal compared to a whole lot of other people," he said. "I've seen some things. I've heard about some things. and I know some things. And I'm counting my blessings. I'll survive."

Anthony Gragnano, who lives in Lindenhurst, worried the new storm would further stall getting power returned to his flooded family home.

"It's just colder now," he said. "We still don't have heat or power, but aside from a little snow, we're good."

Under ordinary circumstances, a storm of this sort wouldn't be a big deal. But large swaths of the landscape were still an open wound, with the electrical system highly fragile and many of Sandy's victims still mucking out their homes and cars and shivering in the deepening cold. As the storm picked up in intensity Wednesday evening, lights started flickering off again.

Residents from Connecticut to Rhode Island saw 3 to 6 inches of snow on Wednesday. Worcester, Mass., had 8 inches of snow, and Freehold, N.J., had just over a foot overnight. Some parts of Connecticut got a foot or more.

There was good weather news: temperatures over the next few days will be in the 50s in southern New England, said meteorologist Frank Nocera, and on Sunday it could edge into the 60s.

Ahead of the storm, public works crews in New Jersey built up dunes to protect the stripped and battered coast, and new evacuations were ordered in a number of communities already emptied by Sandy. New shelters opened.

All construction in New York City was halted — a precaution that needed no explanation after a crane collapsed last week in Sandy's high winds and dangled menacingly over the streets of Manhattan. Parks were closed because of the danger of falling trees.

Airlines canceled at least 1,300 U.S. flights in and out of the New York metropolitan area, causing a new round of disruptions that rippled across the country.

Sandy killed more than 100 people in 10 states, with most of the victims in New York and New Jersey.

___

Contributing to this report were Associated Press writers Kiley Armstrong, Jonathan Fahey, Tom Hays, David B. Caruso, Meghan Barr, Jennifer Peltz and Deepti Hajela in New York; Jim Fitzgerald in White Plains, N.Y.; and Angela Delli Santi and Wayne Perry in Harvey Cedars, N.J. Eltman reported from Garden City, N.Y.

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Canada firms to capitalize on nuclear trade with India

NEW DELHI (Reuters) – Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.

Once implemented, the agreement will end a ban on nuclear cooperation Canada imposed in 1976 after India secretly exploded its first nuclear bomb in 1974, commonly called the “Smiling Buddha”, using material from a Canadian-built reactor in India.

“Being able to resolve these issues and move forward is, we believe, a really important economic opportunity for an important Canadian industry, part of the energy industry, that should pay dividends in terms of jobs and growth for Canadians down the road,” Canadian Prime Minister Stephen Harper said on Tuesday on a visit to New Delhi.

A negotiator with the Canadian Nuclear Safety Commission (CNSC), speaking on condition of anonymity because of the delicacy of the talks, said that what remained was a careful legal review of the language; translation into French and Hindi; and then a signing.

This is not expected to take very long, he said. The two sides have set up a joint committee to liaise on nuclear issues, but he said it would not be negotiating.

India aims to lift its nuclear capacity to 63,000 MW in the next 20 years by adding nearly 30 reactors. The country currently operates 20 mostly small reactors at six sites with a capacity of 4,780 MW, or 2 percent of its total power capacity, according to the Nuclear Power Corporation of India Limited.

Canada’s ambassador to India, Stewart Beck, said on Monday his country wanted to be able to track all nuclear material, but that India felt it only needed to report to the International Atomic Energy Agency (IAEA).

It was not clear who made concessions in the talks and how effective the safeguards would be to ensure that Canadian material did not get used again for making nuclear weapons.

However, the CNSC official said India would now be required to notify Canada of any transfers to a third country and trade could only go to facilities that are safeguarded by the IAEA.

PROBABLY BEATING AUSTRALIA

Harper said the CNSC had worked to “achieve all of our objectives in terms of non-proliferation”.

Canada is in a race against Australia, its strategic ally but a commercial rival in the uranium business. Australia is also trying to nail down safeguards under which it too could sell uranium to India.

“We are effectively ahead of the Australians,” the CNSC official said, noting however that Russia and Kazakhstan were already supplying into India.

Opening up the Indian market would be a big help to Canada’s Cameco Corp, which is the world’s largest publicly traded uranium producer but which recently cut its long-term output targets due to the Fukushima disaster.

“Anytime we can reduce the roadblocks to selling our product around the world is always helpful,” Cameco chief executive Tim Gitzel told Reuters in Canada. “It opens a new market for us with the appropriate safeguards in place. So this is good news.”

Another potential beneficiary is Canadian engineering firm SNC Lavalin Group Inc, which bought the government’s commercial nuclear division, which designed the Candu reactor that is in use in numerous countries.

“As far as the sales of reactors goes, we would normally now request that Canada be accorded the same treatment as the Russians, the French and the Americans and that a site be designated in India for the implementation of at least a twin- unit Candu nuclear power station,” SNC Lavalin International President Ronald Denom, part of Harper’s delegation in India, told Reuters.

He also said it should open up the market to service the existing reactors in India.

Harper also said Canada welcomed foreign investment, after the country temporarily blocked Malaysian state oil firm Petronas’ C$ 5.17 billion ($ 5.19 billion) bid for gas producer Progress Energy Resources on October 20.

Late on Friday, Canada extended to December 10 its review of a $ 15.1 billion bid made in July by China’s CNOOC Ltd for Canadian energy producer Nexen Inc.

“Those decisions have to be taken looking at the global evolving economy in which we operate,” Harper said.

($ 1 = C$ 0.9965)

(Additional reporting by Julie Gordon in Toronto; Additional writing by Frank Jack Daniel; Editing by Jonathan Thatcher and Michael Roddy)

Canada News Headlines – Yahoo! News

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Apple's shares slide 4 percent to five-month low

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“Dad’s Army” star Clive Dunn dies aged 92

LONDON (Reuters) – British actor Clive Dunn, best known as a bumbling old butcher in the popular World War Two sitcom “Dad’s Army”, has died, his agent said on Wednesday.

Dunn passed away on Tuesday, Peter Charlesworth said, adding that he believed the actor died in Portugal where he has lived for many years. He was 92.

As Lance-Corporal Jones in Dad’s Army – a hit television series in the 1960s and 1970s about a group of local volunteer members of the Home Guard – Dunn was famous for catchphrases such as “Don’t panic!” and “They don’t like it up ‘em.”

He also had a No. 1 hit song with “Grandad” in 1971, which he performed several times on TV music show “Top of the Pops”.

Dunn was born in London in 1920 and enrolled in an acting academy after leaving school.

He played several small roles in films in the 1930s before serving in the army in World War Two, ending up in prisoner-of-war and labor camps for four years.

After the war he worked in music halls before enjoying success as Jones in Dad’s Army.

Underlining his ability to play characters far older than his real age, he followed Dad’s Army with a five-year run in children’s comedy series “Grandad” as an elderly caretaker.

According to the BBC, he is survived by his wife Priscilla Morgan and two daughters, Jessica and Polly.

(Reporting by Mike Collett-White, editing by Paul Casciato)

Celebrity News Headlines – Yahoo! News

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Soda tax ballot measures fizzle in California

LOS ANGELES (Reuters) – Voters in two California cities rejected measures that would have imposed the nation’s first penny-per-ounce taxes on businesses that sell sodas and other sugary drinks in an effort to boost municipal revenue and fight obesity.

In El Monte, 76.8 percent of voters said no, while in Richmond, 66.9 percent opposed the measure, according to final results from Tuesday’s election.

Calls to tax sugary drinks have gathered steam as more cities and states struggle to close budget gaps and American waistlines continue to expand.

The American Beverage Association – which represents PepsiCo Inc, Coca-Cola Inc, Dr Pepper Snapple Group Inc and other beverage companies – has spent millions of dollars to beat back soda taxes around the country. The ABA has a strong record of defeating soda tax efforts.

In September New York City passed the first U.S. ban of oversized sugary drinks.

A health board outlawed sugary drinks larger than 16 ounces nearly everywhere they are sold, except groceries and convenience stores. Violators of the ban, which does not include diet sodas, face a $ 200 fine.

About one-third of Americans are obese, and about 10 percent of the nation’s healthcare bill is tied to obesity-related diseases, such as Type 2 diabetes, heart disease and hypertension, according to the Organization for Economic Co-operation and Development.

(Editing by Xavier Briand)

Health News Headlines – Yahoo! News

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Election night was a good night for Calif., civility and statheads

By Jeff Greenfield

Forgive me if I don’t offer thoughts on the impending Republican civil war, the brilliance of the Obama campaign team, the effect of Hurricane Sandy, the demographic nightmare confronting the GOP, or prospects for the 2016 Iowa caucuses, now just a short 1,100 days or so away.

There’s plenty of that for your Wednesday pleasure. But Tuesday night produced other news that’s worth your attention.

First, California’s voters made two decisions that will have a profound impact on the state’s fiscal and political life. They approved Proposition 30, Gov. Jerry Brown’s proposal to increase sales taxes and income taxes on the affluent to ease the state’s perennial budget dilemma. (California’s 34-year-old Prop 13 requires a two-thirds vote in the legislature to increase taxes, an all but unreachable level). Had Prop 30 failed—and most thought it would—the already draconian cuts on California’s schools, public universities, and other services would have been just a prelude to further slashes.

Second, the state’s voters rejected Prop 32, which would have banned labor unions and corporations from raising money for state political purposes through paycheck deductions. Because corporations rarely use this tactic, Prop 32’s real impact would have kept tens of millions of dollars from aiding Democratic Party candidates in the state—one reason why business interests contributed some $120 million in a futile effort to pass the Proposition.

While Democrats might cheer the result, it also means that labor unions will continue to hold outsize power with the party—meaning that Brown’s efforts to rein in pension benefits for public employees may have gotten a lot harder.

Second, civility in the House of Representatives just took a step forward, as two of the most rhetorically combative members lost re-election. Allen West, a Florida Republican and Tea Party favorite who once declared that “there’s about 78 to 81 members of the Democrat Party that are members of the Communist Party,” lost his seat. Across the aisle—way, way across the aisle—Pete Stark of California, a 40-year veteran whose temper tantrums are the stuff of legend, was defeated by a fellow Democrat.

On the other hand, Minnesota’s Michelle Bachmann narrowly survived re-election, meaning we may be treated to at least two more years of her idiosyncratic approach to history (locating the battle of Lexington and Concord in New Hampshire) and medicine (vaccines cause mental retardation because someone she just met told her). And Florida’s Alan Grayson, who once said the Republican health care plan was for older people to die quickly, will return to the House. Cable news networks now have their hot-ticket debaters for the coming year.

Third, the ability of the Obama campaign to target supporters and lure them to the polls, and the ability of analysts like the New York Times’ Nate Silver to predict the outcome of a race with near precision, means that those of us who got into politics because we were told there’d be no math have got to get a clue.

If you care at all about politics, your two pieces of required reading are Silver’s “The Signal and the Noise” and Sasha Issenberg’s “The Victory Lab.” Silver explains why predictions from the world of sports, finance, science and politics fail, and should offer a permanent rebuke to those pundits who write and speak in gaseous terms of gut instincts, vibes and a mystical ability to detect sweeping forces that will drive elections. Issenberg’s book details precisely how the combination of behavioral psychology and data crunching enables campaigns to find supporters and persuade them to go to the polls.

This just-concluded campaign demonstrated forcefully that if you do not understand this brave new world, you will not understand politics, no matter how well you know the history of the Electoral College.

Finally, let me end with a concession. I plan to spend this day searching the websites of all of those who so confidently asserted why and how Obama was destined to lose. I’m particularly eager to read the wisdom of Dick Morris, the most consistently, hilariously ignorant pollster/strategist, who wrote just a few days ago “Here Comes The Landslide.” Mr. Morris’ continued employment is an inspiration to all those who believe that a career should in no way be limited by a total lack of competence.

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Cautious reformers tipped for new China leadership

BEIJING (Reuters) – China‘s ruling Communist Party will this month unveil its new top leadership team, expected to again be an all-male cast of politicians whose instincts are to move cautiously on reform.

Sources close to the leadership say 10 main candidates are vying for seven seats on the party’s next Politburo Standing Committee, the peak decision-making body which will steer the world’s second-largest economy for the next five years.

Only two candidates are considered certainties going into the party’s 18th congress, which starts on Thursday: leader-in-waiting Xi Jinping and his designated deputy, Li Keqiang, who are set to be installed as president and premier next March.

Of the remaining eight contenders, only one has the reputation as a political reformer and only one is a woman.

Following are short biographies of the candidates, including their reform credentials and possible portfolio responsibilities.

XI JINPING

REFORM CREDENTIALS: Considered a cautious reformer, having spent time in top positions in Fujian and Zhejiang provinces, both at the forefront of China‘s economic reforms.

Xi Jinping, 59, is China‘s vice president and President Hu Jintao’s anointed successor. He will take over as Communist Party boss at the congress and then as head of state in March.

Xi belongs to the party’s “princeling” generation, the offspring of communist revolutionaries. His father, former vice premier Xi Zhongxun, fought alongside Mao Zedong in the Chinese civil war. Xi watched his father purged and later, during the Cultural Revolution, spent years in the hardscrabble countryside before making his way to university and then to power.

Married to a famous singer, Xi has crafted a low-key and sometimes blunt political style. He has complained that officials’ speeches and writings are clogged with party jargon and has demanded more plain speaking.

Xi went to work in the poor northwest Chinese countryside as a “sent-down youth” during the chaos of the 1966-76 Cultural Revolution, and became a rural commune official. He went on to study chemical engineering at Tsinghua University in Beijing and later gained a doctorate in Marxist theory from Tsinghua.

A native of the poor, inland province of Shaanxi, Xi was promoted to governor of southeastern Fujian province in 1999 and became party boss in neighboring Zhejiang province in 2003.

In 2007, the tall, portly Xi secured the top job in China‘s commercial capital, Shanghai, when his predecessor was caught up in a huge corruption case. Later that year he was promoted to the party’s standing committee.

- – - -

LI KEQIANG

REFORM CREDENTIALS: Seen as another cautious reformer due to his relatively liberal university experiences.

Vice Premier Li Keqiang, 57, is the man tipped to be China‘s next premier, taking over from Wen Jiabao.

His ascent will mark an extraordinary rise for a man who as a youth was sent to toil in the countryside during Mao’s Cultural Revolution.

He was born in Anhui province in 1955, son of a local rural official. Li worked on a commune that was one of the first places to quietly revive private bonuses in farming in the late 1970s. By the time he left Anhui, Li was a Communist Party member and secretary of his production brigade.

He studied law at the elite Peking University, which was among the first Chinese schools to resume teaching law after the Cultural Revolution. He worked to master English and co-translated “The Due Process of Law” by Lord Denning, the famed English jurist.

In 1980, Li, then in the official student union, endorsed controversial campus elections. Party conservatives were aghast, but Li, already a prudent political player, stayed out of the controversial vote.

He climbed the party ranks and in 1983 joined the Communist Youth League’s central secretariat, headed then by Hu Jintao.

Li later served in challenging party chief posts in Liaoning, a frigid northeastern rustbelt province, and rural Henan province. He was named to the powerful nine-member standing committee in 2007.

- – - -

WANG QISHAN

REFORM CREDENTIALS: A financial reformer and problem solver with deep experience tackling tricky economic and political problems.

Wang Qishan, 64, is the most junior of four vice premiers and an ex-mayor of Beijing. But he has a keen grasp of complex economic issues and is the only likely member of the Standing Committee to have been chief executive of a corporation, leading the state-owned China Construction Bank from 1994 to 1997. As such, he may take a leading role in shaping economic policy, including trade and foreign investment.

Wang is an experienced negotiator who has led finance and trade negotiations as well as the Strategic and Economic Dialogue with the United States. He is a favorite of foreign investors and has long been seen as a problem solver, sorting out a debt crisis in Guangdong province where he was vice governor in the late 1990s and replacing the sacked Beijing mayor after a cover-up of the deadly SARS virus in 2003.

Wang is also a princeling, son-in-law of a former vice premier and ex-standing committee member, Yao Yilin. His possible portfolio could be chairman of the National People’s Congress (China’s rubber-stamp parliament), head of parliament’s advisory body, executive vice premier (responsible for economic issues) or the party’s top anti-corruption official.

- – - -

LIU YUNSHAN

REFORM CREDENTIALS: A conservative who has kept domestic media on a tight leash.

Liu Yunshan, 65, may take over the propaganda and ideology portfolio for the Standing Committee.

He has a background in media, once working as a reporter for state-run news agency Xinhua in Inner Mongolia, where he later served in party and propaganda roles before shifting to Beijing.

As minister of the party’s Propaganda Department since 2002, Liu has also sought to control China‘s Internet, which has more than 500 million users. He has been a member of the wider Politburo for two five-year terms ending this year.

Liu has not worked directly for the Communist Youth League, but is aligned to it through his lengthy career in an inland, poor province, long ties to the party’s propaganda system and close relationship with Hu Jintao.

- – - -

LI YUANCHAO

REFORM CREDENTIALS: A reformer who has courted foreign investment and studied in the United States.

Li Yuanchao, 61, oversees the appointment of senior party, government, military and state-owned enterprise officials as head of the party’s powerful organization department. On the Standing Committee, he could head the fight against corruption.

Li, whose father was a vice-mayor of Shanghai, has risen far since his parents were persecuted and he was a humble farm hand during the Cultural Revolution.

Politically astute, Li can navigate between interest groups, from Hu’s Youth League power base to the princelings.

As party chief in his native province, Jiangsu, from 2002 to 2007, Li oversaw a rapid rise in personal incomes and economic development, attracting foreign investment from global industrial leaders such as Ford, Samsung and Caterpillar.

He earned mathematics and economics degrees from two of China‘s best universities and a doctorate in law. He also spent time at Harvard University’s Kennedy School of Government in the United States.

- – - -

ZHANG DEJIANG

REFORM CREDENTIALS: A conservative trained in North Korea.

Zhang Dejiang, 65, saw his chances of promotion boosted this year when he was chosen to replace disgraced politician Bo Xilai as Chongqing party boss. He also serves as vice premier in charge of industry, though his record has been tarnished by the downfall of the railway minister last year for corruption.

Zhang is close to former president Jiang Zemin who still wields some influence. He studied economics at Kim Il-sung University in North Korea and is a native of northeast China.

On his watch as party chief of Guangdong, the southern province maintained its position as a powerhouse of China‘s economic growth, even as it struggled with energy shortages, corruption-fuelled unrest and the 2003 SARS epidemic.

- – - – -

ZHANG GAOLI

REFORM CREDENTIALS: A financial reformer with experience in more developed parts of China.

Zhang Gaoli, 65, party chief of the northern port city of Tianjin and a Politburo member since 2007, is seen as a Jiang Zemin ally but also acceptable to President Hu, who has visited Tianjin three times since 2008. Zhang is an advocate of greater foreign investment and he introduced financial reforms in a bid to turn the city into a financial center in northern China.

He was sent to clean up Tianjin, which was hit by a string of corruption scandals implicating his predecessor and the former top adviser to the city’s lawmaking body. The adviser committed suicide shortly after Zhang’s arrival.

A native of southeastern Fujian province, Zhang trained as an economist. He also served as party chief and governor of eastern Shandong province and as Guangdong vice governor.

Zhang is low-key with a down-to-earth work style, and not much is known about his specific interests and aspirations. But with his leadership experience in more economically advanced cities and provinces, including party secretary of the showcase manufacturing and export-driven city of Shenzhen, he could be named executive vice premier.

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WANG YANG

REFORM CREDENTIALS: Seen by many in the West as a beacon of political reform.

Wang Yang, 57, is party chief of the export dependent economic hub of Guangdong province. He was not included in a list of preferred Standing Committee candidates drawn up by Xi, Hu and Hu’s predecessor, Jiang Zemin, according to sources close to the leadership, but is firmly in the running.

Born into a poor rural family in eastern Anhui province, Wang dropped out of high school and went to work in a food factory at age 17 to help support his family after his father died. These experiences may have shaped his desire for more socially inclusive policies, including his “Happy Guangdong” model of development designed to improve quality of life.

Concerned about the social impact of three decades of blistering development, he lobbied for social and political reform. However, this approach has drawn criticism from party conservatives and Wang has more recently adopted the party’s more familiar method of control and punishment to keep order.

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YU ZHENGSHENG

REFORM CREDENTIALS: Relatively low-key but considered a cautious reformer.

Yu Zhengsheng, 67, is party boss in China‘s financial hub and most cosmopolitan city, Shanghai.

His impeccable Communist pedigree made him a rising star in the mid-1980s until his brother, an intelligence official, defected to the United States. His close ties with Deng Pufang, the eldest son of late paramount leader Deng Xiaoping, spared him the full political repercussions but he was taken off the fast track.

Yu bided his time in ministerial ranks until bouncing back, joining the Politburo in 2002. However, the princeling’s age would require him to retire in 2017 after one term.

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LIU YANDONG

REFORM CREDENTIALS: Uncertain.

Liu Yandong, who turns 67 this month, is the only woman given a serious chance to join the Standing Committee but is considered a dark horse. She is a princeling also tied to President Hu’s Youth League faction.

If promoted, she could head up parliament’s advisory body, but her age would also force her to retire after only one term.

Her bigger challenge is that no woman has made it into the Standing Committee since 1949. Not even Jiang Qing, the widow of late Chairman Mao Zedong, made it that far.

Liu, daughter of a former vice-minister of agriculture, is currently the only woman in the 25-member Politburo, a minority in China‘s male-dominated political culture. She has been on the wider Politburo since 2007 as one of five state councilors, a rank senior to a cabinet minister but junior to a vice-premier.

(Reporting by Terril Yue Jones, Ben Blanchard, Benjamin Kang Lim and Sui-Lee Wee in Beijing. Additional reporting by Chris Ip, Grace Li, Jean Lin, Young Wang, Alice Woodhouse and Julie Zhu; Editing by Raju Gopalakrishnan and Mark Bendeich)

World News Headlines – Yahoo! News

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