Download the FP mobile app to read anytime, anywhere. The age limit norm regulates membership in all five CCP decision-making bodies at the national level, but, for the sake of brevity, I will limit my analysis only to two: the Politburo and the PSC. Delegates in Beijing last week certainly emphasized Taiwan as a priority, but far from the top or only priority. More ways to stay updated on global news: For Washington, self-imposed restraint will always be a contradiction in terms. [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. LIVE Q&A: Join . Next, the rule of renewal. 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. * In a highly unusual move, China delayed the release of key economic indicators scheduled for publication this week. * 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. 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. Markets are closely watching how Beijing manages these challenges. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Then RusShow moresia invaded Ukraine, and businesses around the world confronted a decision on whether to pull out of the Russian market. This weeks session was the first of several high-level economic policy debates. The size of the PSC has always been flexible. 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. All quotes delayed a minimum of 15 minutes. [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. Nguyen Xuan Phuc has become the first Vietnamese president to resign from office, amid an ongoing graft scandal linked to the country's COVID-19 response. And then on Saturday they elected a new Central Committee. Hu nudged and whispered to Xi, and gave a pat on the back of Premier Li Keqiang before being led away. * Little is known about who will be promoted into which key roles on the Politburo and its seven-member Standing Committee. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. ", "---", "__", "Xi Jinping has surrounded himself with loyalists", "Hu Jintao's Exit From China's Communist Party Congress Causes a Stir", "Was Hu Jintao's removal from China's 20th party congress suspicious or not? Irans protests continue. The 20th National Congress of the Chinese Communist Party was held from October 16 to October 22, 2022. But its Politburo will meet this November 8 to 11 in Beijing for "the most important meeting ahead of next year's national congress," according to The South China Morning Post. 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. 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. Stay updated on the topics you care about with email alerts. 2023-01-18T04:36:49.482Z. Several widely reported incidents of public defiance occurred during the Congress: the one-man protest on Beijings Sitong Bridge, not my president posters on several university campuses, and Hong Kong protesters outside of the Chinese consulate in Manchester, UK. Interestingly, the least surprising electoral outcome was Xi Jinpings securing of a third term as general party secretary (GPS). The world's second-largest economy is slowing and facing a potentially painful rebalancing of its investment- and property-led model. * Lastly, I will flag two significant counterfactuals, namely, some clearly marked paths that Xi did not take, and their possible ramifications. [21][22] The amendments included adding opposition to Taiwan independence. This three-part series explores the. 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 Committee missing two key officials lacking close ties to the leader. The struggles of 2022 highlighted six crises China will have to face now and into the future. * Little is known about who will be promoted into which key roles on the PSC or the broader Politburo - although the number of women is likely to remain very small, and there has never been a woman on the Standing Committee. Chinese President Xi Jinping delivers a speech following the inauguration of Hong Kong's new leader and government in July. The same rule has been largely observed at the Politburo. China conducted "precision missile strikes" Thursday in waters off Taiwan's coasts as part of military exercises that have raised tensions in the region to their highest level in decades following a visit by U.S. House Speaker Nancy Pelosi. What have we learned so fShow morear, and how can we apply those lessons to make sure we dont sleepwalk into yet another war? d provide massive tax credits to programs investing in clean energy. Welcome to todays Morning Brief, where were looking at Chinese President Xi Jinpings new Standing Committee, Britains leadership race to replace Liz Truss, and Ethiopias escalating war. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. What does Xi Jinpings power move mean for China? Kevin Frayer/Getty Images October 24, 2022, 6:02 AM * China's real estate developers are delaying debt restructuring moves until after the congress, hoping the gathering offers clues on how Beijing plans to stabilise the embattled sector. All Rights Reserved. Tingshu Wang . NEW FOR SUBSCRIBERS: And Chinas wolf warrior diplomats proclaimed it their duty to use fists to protect their leaders dignity. Youre on the list! 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 country's most powerful ruler since founding leader Mao Zedong. (Fu Gan/Xinhua via AP). 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. A Warner Bros. The implications of this shift for Taiwan may be felt in the coming years. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Asia, Southeast Thirteen people were newly inducted into the Politburo, 12 of whom were under 68 at the time of election, conforming with the rule. Many say the Woman, Life, Freedom movement will threaten the regime this year. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. David M. Rubenstein Fellow, Center for East Asia Policy Studies, John L. Thornton China Center. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. [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". The CCPs age limit norm refers to a non-democratic but relatively transparent mechanism that regulates both the exits of sitting members of the Politburo and the Politburo Standing Committee (PSC) and the accessions of new members to these bodies. Xis work report reflected a mix of both triumphalism and a warning of turbulence ahead. If elected, she would become the third Shinawatra to lead Thailand after her father and aunt both of whom were removed by military coups. The second path Xi did not take is the reactivation of the party chairmanship. European and Asian leaders began to call the IRA unfair competition and protectionist. 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! Li Zhanshu attempted to help him until being pulled back by Wang Huning. 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. Report, Trans-Pacific Click + to receive email alerts when new stories are published on. A day after the 20th Party Congress, Xi is expected again to be conferred the roles of General Secretary of the Communist Party and Chairman of the Central Military Commission. As the Egyptian economy falters, Sisi is turning to the Chinese government for support. Why did he take the harder approach, violating the valuable age limit norm, to achieve something that he could have achieved in a manner that is less antagonizing to other power-holders? [49], Shortly after Xi Jinping's opening speech in which he stated that the People's Republic of China would never renounce the option of conducting military operations against Taiwan, the Office of the President of Taiwan issued a statement in which it said it would not compromise on either its sovereignty or democracy. What was, however, surprising regarding the electoral outcome of the 20th Party Congress was the total demobilization of the Youth League, a fact manifested by the premature exits from the Politburo of all three bannermen of that group. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Near the end of the Party Congress, delegates amended the Peoples Republic of China (PRC)s charter to resolutely oppose and contain Taiwan independence. Alongside this amendment, Chinas leaders hedged on two longstanding judgments about Chinas strategic environment, first that peace and development are the trend of the times, and second, that China is facing a period of strategic opportunity to accomplish its national objectives. Nonresident Senior Fellow, Center for East Asia Policy Studies. Were very proud of the brands Italian heritage, the companys Italian know-how, and the quality of our pasta in the U.S. and globally, a company spokesperson said in a statement. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. The meeting will spotlight "the major achievements and historical experience of the party's struggle in the . FPs Winter 2023 print issue brings together 12 experts to help us answer those questions. I agree to abide by FPs comment guidelines. 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. China's 20th Party Congress: A Downside Scenario If political turnover norms are abandoned, Xi could surround himself with compliant officials, raising the risk of policy missteps. Its main task is, in theory, to decide on the composition of the Central Committee, which in the legal fiction in turn decides, immediately following the Congress, whether to grant current General Secretary Xi a third mandate, and determines the composition of the Standing Committee of the Politburo . For instance, what has happened to the age limit norm, the most easily observable regulatory pattern that had stabilized Politburo politics for more than two decades? For the purpose of this analysis, the age limit rules concerning the Politburo and the PSC consist of: First, the 20th Party Congress fully observed the rule of departure at the PSC. Delivered Thursday. Delivered Wednesday. 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. 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. Join the conversation on this and other recent Foreign Policy articles when you subscribe now. Former British Prime Minister Boris Johnson has withdrawn his bid to replace his successor, Liz Truss, just days after launching a desperate campaign to secure enough support from Conservative lawmakers to reclaim power. Party Congresses generally are about power, personnel, and national priorities. Five things to pay attention to as China's big leadership transition gets underway. See here for a complete list of exchanges and delays. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. CHENG LI 11/04/2022 | The CCP 20th Party Congress and China's Road Ahead. Explore the benefits of your FP subscription. This year, Xi Jinping secured his third . Tencent has punished commentators of the bridge incident with loss of Wechat account access. To be clear, though, the velvet seems to be wearing thinner while the steel gets harder with each passing year. Thousands of people marched through the streets of Washington, Berlin, and Los Angeles over the weekend in a display of solidarity. 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. * 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. | View Comments (). Each Party Congress is closely watched for the. Jonathan Pershing, formerly the Biden administrations No. 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. 12:30 - 5:45 PM ET. On October 16, 2022, the 20th National Congress of the Chinese Communist Party opened in Beijing with General Secretary Xi Jinping delivering a two-hour report to 2,296 delegates. Xi is certainly fully aware of this option, because he has just resized the Politburo at this very congress. Watch FPs Ravi Agrawal in conversation with two of the contributors to the magazines cover story, Anne-Marie Slaughter and retired Gen. David Petraeus, as they reflect on whats surprised themand how to prevent future wars. 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. Xi praised the Party for its achievements during the past five years, including successfully building a moderately prosperous society in time for its centenary, protecting the Chinese people to the greatest extent possible through its zero-COVID-19 policy, restoring order in Hong Kong, countering Taiwan independence, and adopting a fighting spirit to safeguard Chinas dignity and core interests. Xis positive depiction of these policies contrasts starkly with views in Washington and capitals across Europe and Asia, where Beijings major policy choices of late have been seen as threatening or counterproductive at best. * 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. 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. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. January 18, 2023 05:00 JST. [26][27][28] According to Agence France-Presse journalists, Hu "initially seemed reluctant to leave. 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. Now China's elite politics begins its run toward the quinquennial personnel changes of October 2022.. She is currently writing a book on Corruption, Law and Power Struggles The China Model, which will be published by Cambridge University Press in 2023. Xi is now set to begin a third five-year term at the top, breaching the established custom of a two-term rule. Is the paradox meant to demonstrate that he has grabbed power not for self-glorification and vanity but only because it is needed to achieve his New Era political project? Contenders to be premier, a role charged with management of the economy, include Wang Yang, 67, who heads a key a political advisory body, and Hu Chunhua, 59, a vice premier. You may opt out at any time. 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. By James Palmer, a deputy editor at Foreign Policy. Our Standards: The Thomson Reuters Trust Principles. Weekly update on developments in India and its neighbors. In . 2 global climate envoy, joined FP editor in chiefRavi Agrawal to discuss Washingtons climate policy, and how it is being seen around the world. Delivered Thursday. The 20th Party Congress has closed, with Xi Jinping's grip on power even tighter than expected. Preparations for the 20th Chinese Communist Party National Congress began in 2021 and ended with a plenary session of the 19th Central Committee, a few days prior to the 20th National Congress. China's 20th Party Congress will happen in 2022. The latest news, analysis, and data from the country each week. ar, and how can we apply those lessons to make sure we dont sleepwalk into yet another war? Admittedly, these violations have softened the binding force of the norm that had stabilized Politburo politics for more than two decades. Ling Li teaches Chinese studies at the University of Vienna. Turnover norms for Beijings top governing body could check Xis power and boost pro-market reformers. * 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. * 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. 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