Sometimes reforms are only done gradually, so we need to step back to get a better perspective. When Xi became general secretary, China was still doing reeducation through labour. Xi's 2013 plan is a good guide to his ideas for China's rejuvenation. Hukou reform is probably the biggest thing left to do. The role of markets for resource allocation in the "socialist market economy" can also be expanded
Chinese Internal Politics
- Thread starter FairAndUnbiased
- Start date
have there been changes to prc constitution re:taiwan this time? I haven't heard about it
Sorry I’m a bit out of the loop, why 2027?
Could it be that US influence on Chinese big tech is waning after the multiple crack down rounds so much so that Li is now brought in to complete this transition of complete independence from US tech and finance?
Meet the new CPC Leadership team
How? Li never made national sci tech policy before. By what mechanism does he have of doing that?
Running a city and a country are totally different in scale and difficulty.
Good to see Li Keqiang gone. With his power struggle, there was too much entropy in the top level. We need less internal politicking and more consensus and unity in these ten years.
Some random thoughts on the closing of the 20th CPC congress:
On the lineup of the standing committee, this marks the end of the youth league influence, while heralding an era in which the entire standing committee is behind the top leader. This is the first since 1949. Not even Chairman Mao had accomplished that feat. One result is that China will have political stability in the next 5 years.
On Li Qiang promoted to the 2nd position, Shanghai COVID fiasco appeared to be an effort to sabotage Li Qiang's prospect. Shanghai has been a revolving door for a provincial party boss to be promoted to a top position. The fact that that effort failed indicates how strong Xi maintains control over the establishments.
On no obvious successor in either the standing committee or the politburo, I think Xi is going to do something on an epic scale in the next 5 years. It is really hilarious that Europe is actively helping him out by crushing its own economy. The longer this war continues, the more help Xi gets, by literally doing nothing on his part. And this partially explains why China has zero incentive to intervene in the war whatsoever.
Then extrapolating from this political situation, there are a few obvious trickle down effects:
One, finally the real estate bubble is being pinched. When the western MSM points to the straggling real estate sector to conclude doom and gloom in Chinese economy, they either have an evil mind or are totally clueless. The Chinese have known this real estate time bomb since early 2000s. There were no political leaders who had the balls to proactively manage the bust of that bubble. When the real estate tax is finally enacted, you will know by then that the top leadership finally find their balls to do the right thing for the mass public in a long haul.
Two, there will be a clean-the-house process in the financial industry, where it has been the weakest link in China economical eco-system since Zhu Rong Ji retired. Along the same line, there will be more efforts in promoting RMB for international settlement.
Three, on international front, there will be more RCEP, SCO and BRICS. The longer this war continues, the more important those regional organizations become. If and when Iran joins SCO and Saudi joins BRICS, that would mark the beginning of an era in which the world would be officially divided in the east vs the west.
Last but not the least, in a larger context than the CPC congress, the 30 golden years of global economical growth has been over. There will be a long arduous process of adjustment and adaptation for all multi-national corporations. The decoupling of US and China is well under way, whether you like it or not. There will less likely be a military-oriented Cold War, but there will certainly be a technology-oriented Cold War. Therefore, Cold War 2.0 is only rhyme with Cold War 1.0 in namesake, with everything else NOT being equal. The days when people in developing countries have access to affordable high tech products are coming to an end. Poor countries will have less chances to become rich. Most rosy pictures that the western MSM has painted are becoming mirages.
On the lineup of the standing committee, this marks the end of the youth league influence, while heralding an era in which the entire standing committee is behind the top leader. This is the first since 1949. Not even Chairman Mao had accomplished that feat. One result is that China will have political stability in the next 5 years.
On Li Qiang promoted to the 2nd position, Shanghai COVID fiasco appeared to be an effort to sabotage Li Qiang's prospect. Shanghai has been a revolving door for a provincial party boss to be promoted to a top position. The fact that that effort failed indicates how strong Xi maintains control over the establishments.
On no obvious successor in either the standing committee or the politburo, I think Xi is going to do something on an epic scale in the next 5 years. It is really hilarious that Europe is actively helping him out by crushing its own economy. The longer this war continues, the more help Xi gets, by literally doing nothing on his part. And this partially explains why China has zero incentive to intervene in the war whatsoever.
Then extrapolating from this political situation, there are a few obvious trickle down effects:
One, finally the real estate bubble is being pinched. When the western MSM points to the straggling real estate sector to conclude doom and gloom in Chinese economy, they either have an evil mind or are totally clueless. The Chinese have known this real estate time bomb since early 2000s. There were no political leaders who had the balls to proactively manage the bust of that bubble. When the real estate tax is finally enacted, you will know by then that the top leadership finally find their balls to do the right thing for the mass public in a long haul.
Two, there will be a clean-the-house process in the financial industry, where it has been the weakest link in China economical eco-system since Zhu Rong Ji retired. Along the same line, there will be more efforts in promoting RMB for international settlement.
Three, on international front, there will be more RCEP, SCO and BRICS. The longer this war continues, the more important those regional organizations become. If and when Iran joins SCO and Saudi joins BRICS, that would mark the beginning of an era in which the world would be officially divided in the east vs the west.
Last but not the least, in a larger context than the CPC congress, the 30 golden years of global economical growth has been over. There will be a long arduous process of adjustment and adaptation for all multi-national corporations. The decoupling of US and China is well under way, whether you like it or not. There will less likely be a military-oriented Cold War, but there will certainly be a technology-oriented Cold War. Therefore, Cold War 2.0 is only rhyme with Cold War 1.0 in namesake, with everything else NOT being equal. The days when people in developing countries have access to affordable high tech products are coming to an end. Poor countries will have less chances to become rich. Most rosy pictures that the western MSM has painted are becoming mirages.
technology dispute, actually it's just a domestic dispute.... between Shanghai, Shenzhen and Beijing... U.S think they have sanctioned... they did a good thing for China... cohesion China's technology background is a block...