Once upon a time, he was just a bureaucrat from the provinces. Now, after the first orderly transfer of power in China's communist history, Hu is the undisputed leader of Asia's economic engine. Since taking over as military chief in September, China's President has resisted calls to revalue the currency, pushed to moderate growth and targeted the gap between rich and poor. While stressing good relations with key trading partners, including the U.S., Hu hasn't got too friendly. Western-style democracy, he has said, is a "blind alley."
For sticking to his guns (literally and figuratively), for reshaping the rules of politics to fit his ten-gallon-hat leadership style and for persuading a majority of voters that he deserved to be in the White House for another four years, George W. Bush is TIME's 2004 Person of the Year