Our Standards: The Thomson Reuters Trust Principles. * In a highly unusual move, China delayed the release of key economic indicators scheduled for publication this week. 2. The industry leader for online information for tax, accounting and finance professionals. Checking in on Chinas economy during the 20th Party Congress, Great power competition has shifted in the United States favour. China's BYD takes cautious approach to U.S. in global EV push, Chinese who lost relatives to COVID angry at failure to protect elderly, China's pessimistic Gen Z poses challenge for Xi post-COVID, Exclusive: Russia sees sanctions impact on oil products, eyes crude export boost -senior source, Stocks bouyed by cheery data after BOJ damp squib, World's No.2 aircraft lessor SMBC sees recession risk localized, Davos 2023 - Citi CEO Fraser says China opening up is good news for the market, Most Chinese provinces set growth targets of above 5% in 2023, See here for a complete list of exchanges and delays. Five things to pay attention to as China's big leadership transition gets underway. This week Xi Jinping has taken his new Politburo Standing Committee on a group trip - to Yan'An, the base of Mao Zedong's Communist revolution after the Long March. The rule was breached in only one instance: Zhang Youxia (72), who was re-elected to the Politburo and became the vice chairman of the Central Military Commission. * China's central bank chief Yi Gang is also likely to step down after he was dropped from an elite body of the ruling Communist Party, sources close to the central bank said. China's BYD takes cautious approach to U.S. in global EV push, Chinese who lost relatives to COVID angry at failure to protect elderly, China's pessimistic Gen Z poses challenge for Xi post-COVID, Exclusive: Russia sees sanctions impact on oil products, eyes crude export boost -senior source, Stocks bouyed by cheery data after BOJ damp squib, World's No.2 aircraft lessor SMBC sees recession risk localized, Davos 2023 - Citi CEO Fraser says China opening up is good news for the market, Most Chinese provinces set growth targets of above 5% in 2023, See here for a complete list of exchanges and delays. People. [1/2]A journalist holds magazines with images of Chinese President Xi Jinping on the covers, inside a media hotel for journalists covering the 20th National Congress of the Communist Party of China in Beijing, China October 19, 2022. This is something that Xi, as steeped in party history as he is, must be fully aware of and would have had a realistic chance to achieve. And it underscored the huge perception gap between Beijing and its Western counterparts on Chinas recent track record. Brookings experts reflect on the elite political gathering and what its outcomes mean for China and the rest of the world. Weekly update on developments in India and its neighbors. At this congress, the rule of renewal was violated at the PSC because of the premature exits of Li Keqiang (67) and Wang Yang (67). Last August, when the United States passed the 2022 Inflation Reduction Act (IRA), commentators celebrated the fact that the worlds biggest economy would slash its carbon emissions anShow mored provide massive tax credits to programs investing in clean energy. * In his opening speech, Xi said it was up to the Chinese people to resolve the Taiwan issue and China would never renounce the right to use force but will strive for a peaceful resolution. Photo: Xinhua . [12], Similar protest slogans subsequently appeared in other cities in China and around the world. Party Congresses generally are about power, personnel, and national priorities. David M. Rubenstein Fellow, Center for East Asia Policy Studies, John L. Thornton China Center. Introduction "Security" was the operative word in General Secretary Xi Jinping's opening report to the 20th National Congress of the Chinese Communist Party (CCP) this October. Past practices show that while their membership renewal is regularly granted, it can also be denied for unspecified reasons in exceptional cases. Irans protests continue. The meeting will spotlight "the major achievements and historical experience of the party's struggle in the . Report, Trans-Pacific Removing that restriction allows Xi to prolong the practice of trinitarianism, a CCP doctrine that vests power over the party, the state, and the military in the hands of one person. Such paths include, most notably, an enlargement of the PSC and the reactivation of the party chairmanship. * Russia's Vladimir Putin and North Korea's Kim Jong Un were quick to congratulate Xi on his third term in power. [36][37][38], Xinhua News Agency, China's official press agency, stated on Twitter that "When [Hu] was not feeling well during the session, his staff, for his health, accompanied him to a room next to the meeting venue for a rest. All quotes delayed a minimum of 15 minutes. 11/04/2022 | The CCP 20th Party Congress and China's Road Ahead. The Supreme Court has ruled that despite having actionable intelligence, former President Sirisena and top officials did not act to prevent the 2019 Easter Sunday bombings. [6], In September 2022, rumours of a coup spread throughout social media, but were quashed after Xi Jinping appeared days later. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. [41], James Palmer, a deputy editor at Foreign Policy, interpreted the incident to have been political, suggesting that it could have been Xi's intention to "deliberately and publicly humiliate his predecessor. [13][14][15] Some people shared these messages as graffiti or via AirDrop. World stocks rose and Japan's yen tumbled on Wednesday, after the Bank of Japan poured cold water on monetary tightening expectations and economic and earnings data proved cheery for European markets. [47], Workers' Party of Korea general secretary Kim Jong Un sent a congratulatory letter to Xi Jinping on his reelection as CCP general secretary, saying he hoped to further develop their ties. 8:43 AM EDT, Tue August 30, 2022. View, About See here for a complete list of exchanges and delays. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Chinese President Xi Jinping waves after speaking at a press event at the 20th Party Congress at the Great Hall of the People in Beijing on Oct. 23. RYAN HASS (@ryanl_hass) From a historical point of view, this process of transfer of power will be a long-term process, writes Xu Bo, Professor at the Northeast Asia Research Center of Jilin University (Changchun, China). * Xi said it was up to the Chinese people to resolve the Taiwan issue and China would never renounce the right to use force but will strive for a peaceful resolution. The struggles of 2022 highlighted six crises China will have to face now and into the future. Surprise 1: I knew there would be minimal representation of women in the top leadership ranks, but I never thought that the Politburo would consist of all men and not a single woman, something that has not occurred in 25 years. Xis work report reflected a mix of both triumphalism and a warning of turbulence ahead. As the conflict deepens, Washington announced on Friday that it would offer Ethiopians living in the United States Temporary Protected Status for an 18-month period. Barilla has refuted their claims, since its product packaging indicates where the pasta is made, the Washington Postreported. Xi's report extolled accomplishments since the last conclave in 2017, set priorities for the party going forward . Alongside Xi, six loyalists will now make up the Standing Committee. It was one of the countrys worst incidents of tribal fighting in years. Here are some of the leading contenders and some scenarios to look out for. And what happens if the United States and China continue down a path of decoupling? Essential analysis of the stories shaping geopolitics on the continent. Defense, China Delegates in Beijing last week certainly emphasized Taiwan as a priority, but far from the top or only priority. See here for a complete list of exchanges and delays. Instead of denying Li Keqiang and Wang Yang or, to be consistent with the partys own narrative, failing to dissuade them from forfeiting their prerogative to stay, Xi could have enlarged the PSC to nine seats, keeping Li and Wang while allowing all four of Xis loyalists in. [45] Jude Blanchette, an expert at the Center for Strategic and International Studies, said that the event "didnt have the stage-managed feel of an orchestrated purge",[46] while Bill Bishop, a China expert, noted that the China Central Television would likely not show Hu during the news footage of the event if he was purged. January 18, 2023 05:00 JST. It was a jaw-dropping event even for the most jaded China. By submitting your email, you agree to the Privacy Policy and Terms of Use and to receive email correspondence from us. European and Asian leaders began to call the IRA unfair competition and protectionist. Many say the Woman, Life, Freedom movement will threaten the regime this year. Asia, Pacific With little change expected in broad policy direction, key outcomes from the Congress will revolve around personnel who joins Xi on the Politburo Standing Committee (PSC) and who replaces Premier Li Keqiang, who is set to retire in March. In . The communal violence of April 2022 was more the norm than the exception in the city of Khambhat. Theyre wrong. Chinese leader Xi Jinping will be re-elected as the General Secretary of the CCP, or will be newly elected as the Chairman of the CCP, a title that has not been used since 1982, and the highest position held by Mao Zedong. After having demonstratively demobilized any possible opposition against him at the Politburo, it is hard to imagine that a motion to reactivate the CCP chairmanship, if it were made, could have been effectively challenged. If elected, she would become the third Shinawatra to lead Thailand after her father and aunt both of whom were removed by military coups. Did you encounter any technical issues? Surprise 3: I predicted that Xi would not follow conventional norms, but I did not expect that the primary candidate for premier, Li Qiang, would lack experience serving as a vice premier, a prerequisite throughout PRC history. As I explained elsewhere, chairman is the highest title that a CCP leader can strive for. China's leadership has announced major policy reversals that have left global investors and others bullish about its economic future. Read all the Order from Chaos content, Stronger: Adapting Americas China Strategy in an Age of Competitive Interdependence, Candidates for Chinas 20th Politburo Standing Committee and Politburo. Another possibility for the premiership is Chen Miner, 61, a Xi protege who is party chief of the vast municipality of Chongqing but has never held nationwide office. The last few years have brought historic challenges for multinational companies. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. [3] Elections for the delegates of the 20th Chinese Communist Party National Congress started in November 2021,[4] as well as receiving and amending party documents. On 16 October the upper echelons of China's ruling Communist party (CCP) will come together for a twice-a-decade gathering involving speeches, secret . October 12, 2022, 6:42 PM. Xi is now set to begin a third five-year term at the top, breaching the established custom of a two-term rule. 11/03/2022 Andrea Yang The Communist Party of China (CPC) concluded its 20th National Congress on the 22 nd of October, marking the end of an old term and the start of a new term. A high-level delegation of the Communist Party of China (CPC) has visited Sri Lanka and introduced the guiding principles of the 20th CPC National Congress to all sectors of the society in the island country. Li Zhanshu attempted to help him until being pulled back by Wang Huning. Oct 13 (Reuters) - China's 20th Communist Party Congress kicks off on Sunday, with Xi Jinping widely expected to clinch his third five-year stint in charge - a mandate that would secure his stature as the country's most powerful ruler since founding leader Mao Zedong. Elliott School of International Affairs. Xi stressed that the Party has stood firm against "external attempts to blackmail, contain, blockade and exert maximum pressure" on China promising not to yield to external, "coercive power" and to . Boris bows out. 2023 Diplomat Media Inc. All Rights Reserved. Hu nudged and whispered to Xi, and gave a pat on the back of Premier Li Keqiang before being led away. The likely consequence is that Xi & Co. will become even more prone to group think than they already are; they will misperceive the reasons that the regime is facing difficulties and never blame its own policies; and miscalculate how China should respond. Given that the two hard cases of violation concern positions of the military and foreign relations respectively, the violations can be considered as exceptions and justified due to the heightened concern for security in this congressional term. A Warner Bros. Here are some of the leading contenders and some scenarios to look out for. Bill Bishop. These appointments reflect the leaderships focus on Taiwan. [1/3]Chinese President Xi Jinping attends the opening ceremony of the 20th National Congress of the Communist Party of China, at the Great Hall of the People in Beijing, China October 16, 2022. He will also reinforce the importance of the party leading everything in China, and the party following its leader fully, Tsang said. * The party's new 205-member Central Committee did not include outgoing Premier Li Keqiang or former Guangdong party boss Wang Yang, who had been seen as a potential replacement as premier. The four charges were filed against Ressa and her news site Rappler by President Rodrigo Duterte's administration in 2018. Youre on the list! The worlds longest-serving autocrat will be feted this week in Washington. He wantshismen on his leadership team to lead the agencies responsible for maintaining control. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. [17][18] During the speech, he defended China's zero-COVID approach to the COVID-19 pandemic in mainland China, said that Hong Kong had "a major transition from chaos to governance", advocated for Taiwan's "peaceful reunification" but vowed to not renounce the use of force, advocated for "common prosperity," and denounced corruption. [10][11] This protest against Xi Jinping and his policies was rare as it came just days before the start of the Congress, a period during which the authorities imposed extremely tight control over protests and dissent. 10/23/2022. Wednesday, Oct. 26: The United States, Japan, and South Korea hold a trilateral meeting. All in all, in 37 cases, including the departing and remaining incumbents and first-time newcomers at both the Politburo and the PSC, we have witnessed 33 cases conforming with the age limit norm, two hard violations, and two soft or amendable violations. I exclude the general party secretary from this analysis because, as I have explained elsewhere, the GPS enjoys more privileges than other PSC members and his position is the least regulated among all. Asia, South Outside Iran, the protest wave has also drawn global support. ", "Kim Jong Un congratulates Xi for reelection, hopes for 'more beautiful' ties", "Putin congratulates China's Xi on unprecedented third term", "Taiwan says it will not back down on its sovereignty", "China will never renounce right to use force over Taiwan, Xi says", "China lists KMT as 'Taiwan Area political party' in thank-you letter", "President Xi's Tightening Grip On China Could Boost Some Chinese Stocks", Full Transcript in English of President & CCP General Secretary Xi Jinping's report to China's 2022 party congress, General Secretary of the Chinese Communist Party, President of the People's Republic of China, Chairman of the Central Military Commission, 2017 re-election as Party general secretary, 2018 party and government reform in China, 2019 China 70th National Day grand parade, 100th Anniversary of the Chinese Communist Party, 2020-2021 Xi Jinping Administration reform spree, 2022 2nd re-election as Party general secretary, General Secretary Xi Jinping important speech series, General Secretary Xi Jinping's Kindness We Never Forget, https://en.wikipedia.org/w/index.php?title=20th_National_Congress_of_the_Chinese_Communist_Party&oldid=1128051228, Articles containing Chinese-language text, Articles containing simplified Chinese-language text, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 18 December 2022, at 03:31. World stocks rose and Japan's yen tumbled on Wednesday, after the Bank of Japan poured cold water on monetary tightening expectations and economic and earnings data proved cheery for European markets. First, enlargement of the PSC would have been an easier alternative to Xis chosen path of pushing out two age-eligible sitting PSC members. . Members of the PSC, who are decision-makers at the highest rank, enjoy certain prerogatives that are not granted to ordinary Politburo members. Xi, 69, has steadily consolidated power since becoming party general secretary a decade ago, eliminating any known factional opposition to his rule. Asia, Asia Boris Pistorius, a longtime politician with little foreign policy experience, will host his counterparts later this week to discuss Ukraine. [19] Overall, the speech was said to be showing continuity rather than change. The Politburo announced on Tuesday the start date for the congress, which typically lasts about a week and takes place mostly behind closed doors at the Great Hall of the People on the western side of Tiananmen Square in central Beijing. Xis stated desire to bring Taiwan under Beijings control will also be in focus during a third term, especially with tensions heightened following US House Speaker Nancy Pelosis recent Taipei visit. China's 20th party congress. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. I have sadly come to the conclusion that this would simply not be the right thing to do, Johnson said in a statement. ", "__", "----", "China shuffles leadership committee and retains many Xi allies", "China Xinhua News on Twitter: "Xinhuanet reporter Liu Jiawen", "Hu Jintao: The mysterious exit of China's former leader from party congress", "Hu Jintao argued about official papers before being escorted out of congress", "What the Hell Just Happened to Hu Jintao? Given its qualities just mentioned, I concluded in my previous piece published in The Diplomat magazine that it would be against the CCPs and Xis own interest to break this norm. Our Standards: The Thomson Reuters Trust Principles. Click + to receive email alerts when new stories are published on Chinese President Xi Jinping tightened his grip on power and unveiled his top leadership at the 20th National Congress of the Chinese Communist Party over the weekend, finally revealing the results of monthslong internal battles for political control. The panelists included Anne Richards, CEO of Fidelity International; Carmine Di Sibio, CEO of Ernst & Young; Mathias Miedreich, CEO of Umicore; and Lubna S. Olayan, chair of the executive committee of Olayan Financing Company. Click here to subscribe for full access. Now with the economy slowing, Xi tries to shift the basis of legitimacy from economic growth to security - that he can be the one who saves and protects China," said Alfred Wu, Associate Professor, Lee Kuan Yew School of Public Policy, National University of Singapore. Compiled by Lincoln Feast and William Mallard; Editing by Michael Perry, China's BYD takes cautious approach to U.S. in global EV push, Chinese who lost relatives to COVID angry at failure to protect elderly, China's pessimistic Gen Z poses challenge for Xi post-COVID, Exclusive: Russia sees sanctions impact on oil products, eyes crude export boost -senior source, Stocks bouyed by cheery data after BOJ damp squib, World's No.2 aircraft lessor SMBC sees recession risk localized, Davos 2023 - Citi CEO Fraser says China opening up is good news for the market, Most Chinese provinces set growth targets of above 5% in 2023, See here for a complete list of exchanges and delays. They understand that to make their claims heard, they should focus on bread-and-butter issues while proclaiming unflagging support for the Party. In this essay, I will first unpack what this age limit norm means in an effort to clear out some widespread flawed observations. 12:30 - 5:45 PM ET. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Markets are closely watching how Beijing manages these challenges. This week, we're previewing the 20th National Congress of the Chinese Communist Party, which begins Sunday. Since Barilla markets its pasta with the Italian flags colors, they added, it is further perpetuating the notion that the products are authentic pastas from Italy.. [48], Russian President Vladimir Putin congratulated Chinese leader Xi Jinping on Sunday on securing an unprecedented third term as leader. Oct 18 (Reuters) - China's 20th Communist Party Congress began on Sunday, with Xi Jinping poised to clinch his third five-year stint in charge - a mandate that would secure him as the. PATRICIA M. KIM (@patricia_m_kim) Moreover, from the very moment that he became general secretary, he stressed the importance of national security (mainly domestic security) and built new institutions to carry out that priority. Or is it because making a claim to the party chairmanship is yet too divisive an issue one that would pose a threat to CCP unity, more so than unseating Hu Jintao at the closing ceremony of the congress? Xis likely ascendancy to a third five-year term, and possibly more, was set in 2018 when he eliminated the limit of two terms for the presidency, a position that is set to be renewed at the annual parliamentary meeting in March. Now that the drama has dissipated, we need to ask the deeper questions, ones that go beyond the specific choices of personnel in this leadership reshuffle and will have a long-term impact on Politburo politics. Li Qiang, the party secretary of Shanghai, is now the countrys No. Surprise 4: I knew it was not in Xis interest to identify a successor. The industry leader for online information for tax, accounting and finance professionals. The Politburo Standing Committee line-up brought a number of surprises, but Xi still seems to have operated within a broad institutional framework. The industry leader for online information for tax, accounting and finance professionals. Investors will also watch for how Beijing copes with souring relations with the West. And then at the first plenum on Sunday, they elected a new lineup of leaders who paraded across the stage, including General Secretary Xi Jinping. A total of 2,296 delegates were elected to represent the Chinese Communist Party (CCP)'s 96.7 million members by 25 September 2022. Morning Brief: If you would like to receive Morning Brief in your inbox every weekday, please sign uphere. This creates some room to revive the norm for future application. Download the FP mobile app to read anytime, anywhere. Keep up with the world without stopping yours. * China's approach to foreign policy is also in the spotlight after a Hong Kong protester was dragged into the Chinese consulate in Manchester on Sunday and assaulted in an incident which the police are investigating. Foreign Policys flagship daily newsletter with whats coming up around the world today. [26][27][28] According to Agence France-Presse journalists, Hu "initially seemed reluctant to leave. Beijings strict dynamic zero Covid policy has led to frequent and disruptive lockdowns that have frustrated citizens, battered its economy and made China a global outlier. Just $5 a month. North Korean nuclearization makes a once-taboo option thinkable. At the time of the election, 10 members were under 68 and eligible for a term renewal. The two also discussed climate cooperation with China, the road to COP28, and much else. [42][43][44] The Economist said that while it is possible the act was deliberate, it was more likely that Hu was not feeling well, saying that the event "looked consistent with a sudden episode of mental confusion". 1957 E ST NW, Washington, DC 20052. After putting his loyalists into positions of power with this party congress, Xi will have a bigger mandate to push through whatever policies he wants, said Alfred Wu, associate professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore. Enjoying this article? Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. (Fu Gan/Xinhua via AP). Beijings approach to Taiwan will be more evolutionary than revolutionary. Last modified on Fri 14 Oct 2022 00.08 EDT. So, under the Xi system, power is highly concentrated, the flow of information to the top is tightly constricted, and the risks of anyone challenging Xis view of reality based on objective information are high. Xis appeal for the Party to adopt a fighting spirit indicates Beijing understands that its path to national rejuvenation is not guaranteed and will require concerted effort. The starting date of the party's 20th congress a pivotal event in China's political life cycle was revealed after the Politburo, a council of 25 senior officials, settled on plans for . * Meanwhile, the capital is stepping up security and COVID curbs, and raising red political banners for the once-every-five-year event that brings together 2,300 party members at the vast Great Hall of the People on Tiananmen Square. Richard C. Bush Xi is certainly fully aware of this option, because he has just resized the Politburo at this very congress. sia invaded Ukraine, and businesses around the world confronted a decision on whether to pull out of the Russian market. [13][16], On the opening day of the congress, Xi gave a speech for around 104 minutes, roughly half of his speech in the 19th Congress. ar, and how can we apply those lessons to make sure we dont sleepwalk into yet another war? [52], Stocks related to Chinese corporations suffered major losses on October 24, with the Hang Seng Index falling 6%, its worst daily decline since the 2008 financial crisis. Zhanargul Zhumatai, a Kazakh artist and former editor, lives in fear of being rearrested by the Chinese authorities at any time. Your effort and contribution in providing this feedback is much The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Ethiopian and Eritrean troops have seized Adwa, a town in Tigray, The Associated Press reported, further escalating a nearly two-year war that is estimated to have killed half a million people. 2023 Cable News Network. Given the opaque nature of Chinese leadership changes, observers expected many surprises at the 20th Party Congress, yet Im still astonished by some of the appointments. What Happened at Chinas 20th Party Congress? Nevertheless, since, as explained earlier, the renewal of Politburo membership is subject not only to the age limit but also other factors, his exit is not a violation of the rule. Even his avowal not to foreclose the use of force echoed statements made by previous leaders. Find many great new & used options and get the best deals for China 2022-23 FDC Stamp 20th National Congress of China Communist Party Stamp at the best online prices at eBay! With the naming of the Standing Committeea powerful, elite group of seven politicians inside the larger Politburo, Chinas key policymaking committeeit is now clear who will be charged with executing this vision of absolute control. All four newcomers are under 68. Jonathan Pershing, formerly the Biden administrations No. Twitter:@christinafei. I agree to abide by FPs comment guidelines. Delivered Thursday. Xi Centralizes Power at 20th Party Congress. A curated selection of our very best long reads. The two also discussed climate cooperation with China, the road to COP28, and much else. Nevertheless, the age limit norm remains a predominate mechanism that regulates leadership turnover. * Little is known about who will be promoted into which key roles on the Politburo and its seven-member Standing Committee. Our Standards: The Thomson Reuters Trust Principles. 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