Lou Jiwei: An impressive career ends on a high

China's outgoing finance minister was highly constrained by the country's politics, yet still impressed and reassured investors. He wasn't perfect, but will be missed.

Lou Jiwei: An impressive career ends on a high

There is little doubt Lou Jiwei, China’s finance minister until November, was more constrained than many global peers. In Chinese politics, the party is almost everything and President Xi Jinping is everything else.

That makes it all the more impressive that Lou emerged as a savvy, reform-minded finance minister in three years in office. He was pivotal in an overhaul of the tax system, and when bedraggled investors needed reassurance, he gave it.

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