Commentary
Chinese leader Xi Jinping has seized all the power and will continue to return China to a stricter form of socialism with more central planning and less openness.
Going into the 20th National Congress of the Chinese Communist Party (CCP), Xi holds the following titles: general secretary of the CCP, head of state, chairman of China’s Central Military Commission, as well as the unofficial title of paramount or supreme leader. After the congress, he is expected to retain his position, possibly for life. And given the series of crackdowns and restrictions he has imposed during his reign, we would expect a movement away from openness and reform, and a return to a stricter, more centralized system of economic and social control….
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