Will there really be change in China?

On Thursday, the curtain will lift on China's new leaders. That's when we expect to see Xi Jinping emerge as the Communist Party chief.

But don't expect any big changes. At least not in the next five years.

Willy Lam is a China scholar at the Chinese University of Hong Kong. He says, "Xi Jinping is a good guy. He’s a consensus candidate. He’s also willing to work with different factions so that’s why he was chosen. However, he is not a visionary or charismatic figure. So particularly in his first term, when he hasn’t yet consolidated his power base, he will toe the line given to him."

For more about factions and the roadblocks to reform, watch the whole interview below.