# Nobel Laureate Prof. Michael Spence on China's leadership

1 Faculty News December 19, 2012 ![China Daily logo](/sites/default/files/styles/246w/public/assets/images/con_030721.jpg?itok=tg2Q-bhu)>

Excerpt from [China Daily](http://www.chinadaily.com.cn/cndy/2012-12/19/content_16030620.htm) -- "'The new leadership is well informed and seems committed,' said [Michael Spence](http://www.stern.nyu.edu/faculty/bio/a-michael-spence), a Nobel laureate in economics and a professor at the Stern School of Business at New York University."

[Read more](http://www.chinadaily.com.cn/cndy/2012-12/19/content_16030620.htm)