", "__", "----", "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? by James Palmer, Veteran Israeli Diplomat: We Are Only Part of the West When It Suits Us by Ben Lynfield, Xis Third Term Is a Gift in Disguise by Craig Singleton, Barilla claims to be Italys No. The only violation concerns Wang Yi, the current minister of foreign affairs. Tingshu Wang . The appointments to the Politburo and its Standing Committee confirm even more clearly than ever that Chinese President Xi Jinpings top priority is to maximize his control of the Chinese Communist Party (CCP) system. It raises the question: How do companies with large global footprints decide which side to pick? * In the work report from which his speech was drawn, Xi used the terms "security" or "safety" 89 times, up from 55 times in 2017, according to a Reuters count, while his use of the word "reform" declined. First, it is necessary to stress again that the rule is applied differently to PSC members and ordinary Politburo members. Friday, Oct. 28: The U.K. Conservative Party is expected to announce a winner in its leadership election. This fact was further amplified by the humiliating removal from the center stage of the Party Congress of Hu Jintao, who once chaired the Youth League. I expected that he would need to promote younger sixth generation (6G) leaders, but I never predicted that the two younger leaders, Li Qiang and Ding Xuexiang, would both be positioned to serve in the State Council as premier and executive vice premier. * Other members of the seven-man PSC include Zhao Leji and Wang Huning, who return from the previous committee, and newcomers Cai Qi, Ding Xuexiang and Li Xi. Victor Shih. [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". 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. [55] The Golden Dragon China Index, an index of multiple Chinese companies listed on American exchanges, fell 14% in its worst daily drop since 2004,[56] before partially rebounding a day later. The world's second-largest economy is slowing and facing a potentially painful rebalancing of its investment- and property-led model. Morning Brief: * China will make its COVID-19 prevention measures more scientific, accurate and effective, a party spokesman. Youre on the list! (Fu Gan/Xinhua via AP). The United States recognizes the ongoing armed conflict and the extraordinary and temporary conditions engulfing Ethiopia, and [the Department of Homeland Security] is committed to providing temporary protection to those in need, U.S. Secretary of Homeland Security Alejandro Mayorkas said. He will also reinforce the importance of the party leading everything in China, and the party following its leader fully, Tsang said. d provide massive tax credits to programs investing in clean energy. * 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. It took only a short while, however, for complaints to emerge. The CCP General Secretary Xi Jinping secured an unprecedented third term as China's top leader at the Congress. The Indian government has tread carefullyand invited trouble. Even his avowal not to foreclose the use of force echoed statements made by previous leaders. The communal violence of April 2022 was more the norm than the exception in the city of Khambhat. All Rights Reserved. 10/23/2022. Each Party Congress is closely watched for the. The language that Xi used in his work report on Taiwan was firm, but also largely familiar. January 18, 2023 05:00 JST. [35] The 20th Central Committee was also elected on the same day; Xi Jinping and Wang Huning were among the members of the new Central Committee while Li Keqiang, Li Zhanshu and Wang Yang were not. "Non-traditional security cooperation can sometimes have unexpected traditional security outcomes.. FPs Ravi Agrawal sat down with industry leaders at the World Economic Forum in Davos, Switzerland, to discuss how businesses can build resilience amid a turbulent geopolitical era. Your guide to the most important world stories of the day. Xi is now set to begin a third five-year term at the top, breaching the established custom of a two-term rule. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. China's 20th party congress. 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. Nonresident Senior Fellow, Center for East Asia Policy Studies. The symbolism is easy to see. 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. [5], In May 2022, the CCP General Office issued a set of regulations warning retired members not to make any negative political comments or discussion of the party's policies in the run-up to the 20th National Congress and that violations of the disciplinary rules will be dealt with seriously. Lindner Family Commons, Room 602. Your effort and contribution in providing this feedback is much 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. Wednesday, Oct. 26: The United States, Japan, and South Korea hold a trilateral meeting. Despite headwinds that have buffeted his path to a third term from a moribund economy, the Covid-19 pandemic and rare public protests to rising frictions with the West and tensions over Taiwan Xi is poised to secure a mandate to pursue his grand vision for the rejuvenation of the Chinese nation for years to come. All quotes delayed a minimum of 15 minutes. Director, John L. Thornton China Center. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. In this essay, I will first unpack what this age limit norm means in an effort to clear out some widespread flawed observations. To be clear, though, the velvet seems to be wearing thinner while the steel gets harder with each passing year. The Communist Party is set to hold its 20th national congress in mid-October, a gathering that will usher in a new line-up of the party's leadership. Delivered weekdays. [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. All quotes delayed a minimum of 15 minutes. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. * China will enact policies to boost its birth rate, Xi said, as policymakers worry that an imminent decline in China's population could hurt the world's second-biggest economy. Surprise 4: I knew it was not in Xis interest to identify a successor. [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. 1 brand of pasta, but it actually produces its noodles for the U.S. market in Iowa and New York, leading two customers to sue it for false advertising. The same rule has been largely observed at the Politburo. Yet, at the same time, he disregarded the opportunity to solidify this newly gained power advantage into formal power. China's ruling Communist Party will hold its five-yearly congress beginning on October 16, with Xi Jinping poised to secure an historic third leadership term and cement his place as the. "[29][30] Xi Jinping appeared wholly unconcerned but Li Zhanshu and Wang Huning, both sitting to Hu's left, appeared visibly concerned. 2. Hu Chunhuas departure, being the youngest of the cohort (59), is indeed unexpected, given his competitive advantages in age, experience, and ranking seniority. His negative definition of Chinas threat environment provides a perfect justification to intensify control, and the United States and Taiwan are among the convenient dangers to which he can point. Join in-depth conversations and interact with foreign-policy experts with. Such paths include, most notably, an enlargement of the PSC and the reactivation of the party chairmanship. This mechanism provides the party and its top leader a valuable instrument for reinvigorating its elite corps and redistributing power on a large scale in a peaceful manner. Such constancy should provide little comfort or complacency, though. What does Xi Jinpings power move mean for China? * Little is known about who will be promoted into which key roles on the Politburo and its seven-member Standing Committee. Chinese President Xi Jinping is seen at the end of the Chinese Communist Party's 20th Party Congress on a giant screen a commercial district of Hangzhou in eastern China's Zhejiang province on . 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. Delivered Thursday. European and Asian leaders began to call the IRA unfair competition and protectionist. On October 23, the 20th National Congress of the Chinese Communist Party (CCP) finally ended, with a dramatic closing ceremony. Here are some of the leading contenders and some scenarios to look out for. Members of China's ruling Communist Party met for the 20th Party Congress, a leadership reshuffle that happens twice a decade. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Free shipping for many products! [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. 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. Oct 22 (Reuters) - China's Communist Party wrapped up its twice-a-decade congress on Saturday, approving amendments cementing Xi Jinping's iron grip on the party and revealing a new Central. Hus unannounced and clumsy removal was either a cock-upor a conspiracy, as FPs James Palmer writes, with some possible explanations being a health crisis or the emergence of new information that rattled Xi. Investors will also watch for how Beijing copes with souring relations with the West. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. It is no surprise, therefore, that that the Minister of State Security has become a Politburo member forthe first time. Hu was absent from the voting due to this incident. * Xi is poised to clinch his third five-year stint in charge - a mandate that would secure his place as the country's most powerful ruler since founding leader Mao Zedong. Enjoying this article? The new Politburo is an emphatic statement of Xis dominance over the party.". It was a jaw-dropping event even for the most jaded China. South China Morning Post 3.09M subscribers 1.7K 85K views Streamed 2 months ago Mainland China's governing Communist Party is holding its 20th congress. As the Egyptian economy falters, Sisi is turning to the Chinese government for support. On this episode of Chinese Whispers, I've asked back Bill Bishop, author of the popular Sinocism newsletter, and . Nine of them retired, as dictated by the rule. 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. 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). The two also discussed climate cooperation with China, the road to COP28, and much else. A highly choreographed event, the Party Congress is meant to be seamlessbut that was disrupted on Saturday, when officials escorted Hu Jintao, Xis predecessor, out of the room. * Still, the country's vast financial bureaucracy has been busily tamping down ripples of turmoil across its currency and stock markets, with state banks and companies stepping in to provide support and reassurance to investors. 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 last few years have brought historic challenges for multinational companies. * 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. What have we learned so fShow morear, and how can we apply those lessons to make sure we dont sleepwalk into yet another war? 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. Xi Centralizes Power at 20th Party Congress. The people of Taiwan have, after all, been confronting this challenge for some time. New members of the Politburo Standing Committee, from left, Li Xi, Cai Qi, Zhao Leji, President Xi Jinping, Li Qiang, Wang Huning, and Ding Xuexiang are introduced at the Great Hall of the People in Beijing, October 23, 2022. Only two were pushed out of the Politburo: Chen Quanguo and Hu Chunhua. The latest news, analysis, and data from the country each week. The two also discussed climate cooperation with China, the road to COP28, and much else. * Leaders face a difficult time. That position would provide Xi with greater commanding power, security, and prestige. [1/4]A view of Chinese national flags in a street of an old neighbourhood as the city prepares for the 20th National Congress of the Communist Party of China, in Beijing, China October 11, 2022. On China's position on the world stage, he said that "Chinas international influence, appeal and power to shape the world has significantly increased". * At the congress's closing on Saturday, the party's new 205-member Central Committee did not include Li Keqiang or former Guangdong party boss Wang Yang, who had been seen as a potential replacement as premier. Scenarios to look out for Asia Policy Studies an emphatic statement of Xis dominance over the chairmanship... Only a short while, however, for complaints to emerge data, news and content in highly-customised. 28: the United States, Japan, and data from the country each week General Secretary Xi Jinping an... Such constancy should provide little comfort or complacency, though, the road to COP28, and from! 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