Thursday, November 04, 2010

Forbes Put Hu as the Most Powerful Person in the World

Surprising even to editors at Forbes, Chinese president Hu Jintao is the most powerful person in the world, according to the latest Forbes List.

U.S. president Barack Obama is the second.

The power ranking is based on evaluation of four criteria: number of people under influence,  financial resources, powerful in multiple spheres, and active wielding of power. The combination of scores in all four categories put Mr. Hu to the top spot.

In the explanation of Hu's power, the authoritarian nature of the Chinese political system, China's taking over as the world's second largest economy, as well as China's massive foreign currency reserve are the key elements. 

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