* 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. These longstanding judgments provided a basis for China to concentrate on domestic development while it sought to preserve a benign periphery conducive to Chinas rise. 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). 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. He is expected to exert largely unchallenged control over key appointments and policy directives at a Congress that many China-watchers liken to a coronation. [21][22] The amendments included adding opposition to Taiwan independence. This week, we're previewing the 20th National Congress of the Chinese Communist Party, which begins Sunday. The Hidden History of the Worlds Top Offshore Cryptocurrency Tax Haven, Steve Bannons Man in Italy Has Big Plans, Irans Protests Are Nowhere Near Revolutionary, Biden Is About to Have His Hands Full in the Middle East. Brookings experts reflect on the elite political gathering and what its outcomes mean for China and the rest of the world. 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. 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. Jonathan Pershing, formerly the Biden administrations No. October 25, 2022 What Institutional Norms Are Left After the 20th Party Congress? * 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. [6], In September 2022, rumours of a coup spread throughout social media, but were quashed after Xi Jinping appeared days later. He wantshismen on his leadership team to lead the agencies responsible for maintaining control. * Xi opened the week-long, twice-a-decade session with a speech touting China's fight against COVID-19, the party's safeguarding of national security, maintaining social stability, protecting people's lives and taking control of the situation in Hong Kong, which was rocked by anti-government protests in 2019. Elliott School of International Affairs. 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 . Such paths include, most notably, an enlargement of the PSC and the reactivation of the party chairmanship. Richard C. Bush Join the conversation on this and other recent Foreign Policy articles when you subscribe now. 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. Remember the adage that generals always fight the last war? Your guide to the most important world stories of the day. The industry leader for online information for tax, accounting and finance professionals. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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. After the congress, many in China and globally will watch for Beijings efforts to stave off a protracted economic downturn, which raises the chance of Covid curbs being eased, although a lack of widespread immunity among Chinas 1.4 billion people and the absence of more effective mRNA vaccines remain constraints. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. What Happened at Chinas 20th Party C 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. The new Politburo is an emphatic statement of Xis dominance over the party.". 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. 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. Has Xi upended this norm at this Party Congress, as pronounced by the Wall Street Journal? 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. sia invaded Ukraine, and businesses around the world confronted a decision on whether to pull out of the Russian market. [53] The Shanghai Stock Exchange only declined by 2% after the meeting. The second path Xi did not take is the reactivation of the party chairmanship. 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. 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. More than 200 people were killed in just two days in Sudan after tribes clashed over a land dispute last week, officials said on Sunday. LIVE Q&A: Join . Monday, Oct. 24: German Chancellor Olaf Scholz meets Ukrainian Prime Minister Denys Shmyhal. [31] No Politburo members at the front row showed any visible reaction towards Hu's removal. It took only a short while, however, for complaints to emerge. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. 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 . All four newcomers are under 68. Money, Tokyo Tencent has punished commentators of the bridge incident with loss of Wechat account access. The meeting will spotlight "the major achievements and historical experience of the party's struggle in the . The worlds longest-serving autocrat will be feted this week in Washington. * The 37 cases pertain to membership status changes of all sitting members of the 19th Politburo and the PSC (excluding the GPS) as well as newly admitted members promoted from the Central Committee at the 20th Congress. The people of Taiwan have, after all, been confronting this challenge for some time. "[39][40], Subsequent footage released on 25 October by Channel News Asia captures an apparent argument about official papers between Hu and Li Zhanshu before Xi requested for his removal. [12], Similar protest slogans subsequently appeared in other cities in China and around the world. * Lastly, I will flag two significant counterfactuals, namely, some clearly marked paths that Xi did not take, and their possible ramifications. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. * In a highly unusual move, China delayed the release of key economic indicators scheduled for publication this week. 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. [13][14][15] Some people shared these messages as graffiti or via AirDrop. Investors will also watch for how Beijing copes with souring relations with the West. [2] It will be followed by the 21st National Congress of the CCP in 2027. Interestingly, the least surprising electoral outcome was Xi Jinpings securing of a third term as general party secretary (GPS). Even his avowal not to foreclose the use of force echoed statements made by previous leaders. Oct 23 (Reuters) - China's Xi Jinping secured a precedent-breaking third leadership term and introduced a new top governing body stacked with loyalists, cementing his place as the country's most powerful ruler since Mao Zedong. Next, the rule of renewal. [33][34] Subsequent official voting results showed that all proposals passed unanimously with no abstentions or negative votes. RYAN HASS (@ryanl_hass) [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. ", "---", "__", "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? * Leaders face a difficult time. At the time of the election, 10 members were under 68 and eligible for a term renewal. Here are some of the leading contenders and some scenarios to look out for. All quotes delayed a minimum of 15 minutes. Our Standards: The Thomson Reuters Trust Principles. [50][51] The Kuomintang, on the other hand, congratulated Xi Jinping on his reelection as CCP general secretary. One-stop digest of politics, economics, and culture. The 20th National Congress of the Chinese Communist Party (CCP), commonly referred to as rsh D (Chinese: ), opened in Beijing on 16 October 2022 and closed on 22 October 2022. Iran has pledged to sue the United States for what it claims is Washingtons direct involvement in the unrest that has been roiling the country. Then I will explain to what extent the age limit norm has been observed, or, from the reverse perspective, violated, based on an analysis of 37 cases concerning membership status changes at the Politburo and the Politburo Standing Committee (PSC) at the 20th Congress. [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. None of the men are expected to be threats to Xis potentially endless reign, since their various credentials and ages dont position them to be his successor. [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. The world's second-largest economy is slowing and facing a potentially painful rebalancing of its investment- and property-led model. REUTERS/Tingshu Wang. The rationale would appear to be that if one forfeits his prerogative, that choice shall not annul the prerogative for others or at a different time. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. ET, October 22, 2022 What we covered here China's. REUTERS/Thomas Peter. 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. 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. The 20th Party Congress demonstrated that none of Beijings recent troubles, from its domestic economic woes to popular discontent with its extreme zero-covid policies, in addition to the sharp deterioration of many of its foreign relationships, have dented Xis grip on power. Editor's note: General Secretary Xi Jinping clarified the essential requirements of Chinese-style modernization in the report of the 20th National Congress of the Communist Party of China: adhere to the leadership of the Communist Party of China, adhere to socialism with Chinese characteristics, achieve high-quality development, develop people's democracy throughout . Wednesday, Oct. 26: The United States, Japan, and South Korea hold a trilateral meeting. 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. Chinas top leader warned his compatriots that their country had entered a period of strategic opportunities, risks and challenges and that they must be prepared to deal with worst-case scenarios. To weather the storm, Xis answer was, of course, that the Partys authority must be further strengthened (with himself at the core) so that China can boost its technological self-reliance, its socialist rule of law with Chinese characteristics, the PLAs capabilities, and its soft power and international influence. Members of the PSC, who are decision-makers at the highest rank, enjoy certain prerogatives that are not granted to ordinary Politburo members. [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. 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. Get briefed on the story of the week, and developing stories to watch across the Asia-Pacific. Again putting aside Xi Jinping as the GPS and therefore an exception, both members who had exceeded the current age limit Li Zhanshu (72) and Han Zheng (68) left the PSC. [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. The industry leader for online information for tax, accounting and finance professionals. Alongside Xi, six loyalists will now make up the Standing Committee. [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. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Admittedly, these violations have softened the binding force of the norm that had stabilized Politburo politics for more than two decades. at the 20th party congress, that . He looked reluctant to leave", "Hu Jintao: ex-president escorted out of China party congress", "What happened to China's former leader Hu Jintao? The industry leader for online information for tax, accounting and finance professionals. Defining technology the bridge incident with loss of Wechat account access potentially painful rebalancing of investment-... 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