Li Yuanchao

Born in 1950, Li holds a Bachelor's degree in mathematics from Fudan University, a Master's degree in economics from Beijing University, and a doctorate in law from the Central Party School. He rose up the ranks in Jiangsu Province and served as provincial party chief between 2002 and 2007, and has headed the Communist Party's Central Organization Department since 2007. 

Offshore yuan strengthens 0.05 per cent against the US dollar

US dollar slides, stocks retreat after Trump’s immigration ban

The US dollar slid against major currency rivals on Monday, while Asian markets and US stock futures both retreated, as investors fretted over US President Donald Trump’s new immigration ban and disappointing US economic growth data over the weekend.