Berliner Boersenzeitung - China's Communist Party to hold Congress set to cement Xi's rule

EUR -
AED 4.064723
AFN 75.974113
ALL 98.904461
AMD 428.519326
ANG 1.99829
AOA 1056.311002
ARS 1073.188322
AUD 1.60194
AWG 1.991988
AZN 1.881866
BAM 1.955994
BBD 2.238701
BDT 132.50316
BGN 1.957009
BHD 0.417096
BIF 3226.474667
BMD 1.10666
BND 1.427677
BOB 7.661761
BRL 6.004178
BSD 1.10875
BTN 92.930191
BWP 14.474653
BYN 3.628464
BYR 21690.534229
BZD 2.234901
CAD 1.491645
CDF 3173.351877
CHF 0.936472
CLF 0.036265
CLP 1000.675459
CNY 7.774843
CNH 7.75939
COP 4671.510277
CRC 574.723323
CUC 1.10666
CUP 29.326488
CVE 110.275952
CZK 25.288297
DJF 197.438904
DKK 7.458567
DOP 66.993021
DZD 146.740896
EGP 53.383722
ERN 16.599899
ETB 131.349424
FJD 2.420598
FKP 0.842787
GBP 0.833137
GEL 3.01566
GGP 0.842787
GHS 17.541742
GIP 0.842787
GMD 76.916514
GNF 9573.518268
GTQ 8.570387
GYD 231.873029
HKD 8.595704
HNL 27.570243
HRK 7.524193
HTG 146.29792
HUF 397.916722
IDR 16846.683805
ILS 4.156892
IMP 0.842787
INR 92.815455
IQD 1452.544262
IRR 46576.547237
ISK 149.907982
JEP 0.842787
JMD 174.527871
JOD 0.784291
JPY 159.245002
KES 143.035311
KGS 93.226467
KHR 4511.244219
KMF 492.408623
KPW 995.993291
KRW 1459.960952
KWD 0.338118
KYD 0.923992
KZT 533.512987
LAK 24168.089966
LBP 99288.577852
LKR 327.194756
LRD 214.539676
LSL 19.186465
LTL 3.267679
LVL 0.669407
LYD 5.249237
MAD 10.824075
MDL 19.352873
MGA 5074.228845
MKD 61.61612
MMK 3594.388218
MNT 3760.430323
MOP 8.878282
MRU 43.86378
MUR 50.928911
MVR 16.998597
MWK 1922.386698
MXN 21.681566
MYR 4.60701
MZN 70.693204
NAD 19.186292
NGN 1848.7984
NIO 40.802209
NOK 11.716419
NPR 148.688706
NZD 1.754195
OMR 0.426068
PAB 1.10881
PEN 4.110108
PGK 4.348235
PHP 62.033267
PKR 307.816682
PLN 4.286702
PYG 8640.389676
QAR 4.041601
RON 4.976433
RSD 117.040389
RUB 105.520538
RWF 1513.468256
SAR 4.15216
SBD 9.177048
SCR 15.069879
SDG 665.651393
SEK 11.358203
SGD 1.423989
SHP 0.842787
SLE 25.284194
SLL 23206.099285
SOS 633.628576
SRD 33.970037
STD 22905.625793
SVC 9.701964
SYP 2780.516152
SZL 19.190865
THB 36.037293
TJS 11.808873
TMT 3.87331
TND 3.373635
TOP 2.591907
TRY 37.835815
TTD 7.521271
TWD 35.224213
TZS 3010.115208
UAH 45.808066
UGX 4067.403961
USD 1.10666
UYU 46.092079
UZS 14126.402986
VEF 4008933.660515
VES 40.809831
VND 27265.333524
VUV 131.384888
WST 3.09584
XAF 655.986585
XAG 0.03523
XAU 0.000416
XCD 2.990804
XDR 0.818237
XOF 655.986585
XPF 119.331742
YER 277.024653
ZAR 19.199889
ZMK 9961.266992
ZMW 29.077311
ZWL 356.344039
  • CMSC

    0.0500

    24.77

    +0.2%

  • BCC

    0.4100

    141.39

    +0.29%

  • RBGPF

    59.5000

    59.5

    +100%

  • BTI

    -0.1300

    36.45

    -0.36%

  • JRI

    -0.1400

    13.53

    -1.03%

  • RYCEF

    0.1000

    7.03

    +1.42%

  • NGG

    0.3800

    70.05

    +0.54%

  • GSK

    -0.5800

    40.3

    -1.44%

  • SCS

    -0.2900

    13.2

    -2.2%

  • RIO

    -0.0100

    71.16

    -0.01%

  • CMSD

    0.1600

    24.94

    +0.64%

  • RELX

    -0.1200

    47.34

    -0.25%

  • VOD

    -0.0700

    9.95

    -0.7%

  • BCE

    0.0300

    34.83

    +0.09%

  • AZN

    0.7600

    78.67

    +0.97%

  • BP

    0.7000

    32.09

    +2.18%

China's Communist Party to hold Congress set to cement Xi's rule
China's Communist Party to hold Congress set to cement Xi's rule / Photo: WANG ZHAO - AFP/File

China's Communist Party to hold Congress set to cement Xi's rule

China's ruling Communist Party will begin its 20th Party Congress on October 16, state media reported Tuesday, a landmark meeting at which President Xi Jinping is expected to be anointed as the country's most powerful leader in decades.

Text size:

The congress in the capital Beijing comes as Xi faces significant political headwinds, including an ailing economy, deteriorating relations with the United States and a strict zero-Covid policy that has accelerated China's inward turn from the world.

It is widely expected to see Xi reinstated as president for a third term -- unprecedented in the contemporary era.

It will also see the unveiling of a new top leadership line-up, as Xi consolidates his grip on the party and his position as the most powerful Chinese leader since the country's founder Mao Zedong.

The meeting -- held every five years -- will be "extremely important", according to a report by state broadcaster CCTV on a Monday meeting of the country's 25-member Politburo, adding preparations were "progressing smoothly."

The event will see about 2,300 Communist Party delegates from across the country descend on Beijing in a highly choreographed exercise to pick members of the party's Central Committee of around 200 members.

The final meeting of the current Central Committee will take place in Beijing from October 9, the report said.

The Central Committee will then vote for the 25-person Politburo and its all-powerful Standing Committee -- China's highest leadership body and apex of power, currently comprised of seven people.

Voting is mostly a formality -- the pecking order of the Politburo and its Standing Committee is likely to have been decided well in advance. The overall duration of the Congress is not yet clear.

- Expect no surprises –

Analysts predict "no surprises" in terms of format and timing.

"Most people will not be surprised to see that Xi Jinping will have a third term. I think this has been lined up for a while," said Alfred Wu Muluan, a Chinese politics expert and associate professor at the National University of Singapore.

"He will increase the percentage of his supporters, particularly from Fujian and Zhejiang (where Xi previously held top positions), in the Politburo... He can then count on their support for his fourth term in five years' time."

It is likely that Xi will be anointed the honorific title of "Great Leader" at the Congress, Wu said, a term last used to refer to Mao Zedong.

Party propaganda organs such as its official newspaper, the People's Daily, have already started using the term "People's Leader" to refer to Xi.

Wu added that the top leadership lineup was most likely set during the secretive two-week conclave of Communist Party leaders held at the seaside town of Beidaihe in August.

- Unchecked power -

Xi's decade-long tenure has also seen crackdowns on corruption within the party, which analysts say served to take down his political rivals, as well as the crushing of a democracy movement in Hong Kong and strict lockdowns on cities in the name of curbing the coronavirus.

He has faced harsh human rights criticism from the international community over repressive policies in the northwestern Xinjiang region, which have seen an estimated one million Uyghurs and other Muslim minorites detained in a sweeping crackdown ostensibly targeting "terrorism".

He also ushered in an assertive "Wolf Warrior" foreign policy that has alienated Western democracies and some of China's regional neighbours, and pushed for closer ties with Russia while cultivating domestic nationalism to rampant levels.

He abolished the presidential two-term limit in 2018 -- originally set up by former leader Deng Xiaoping in the 1980s to prevent another Mao-like dictatorship -- leaving the possibility of him becoming leader for life.

Over the past year, Chinese propaganda has worked in overdrive to bolster Xi's legacy, diminish the achievements of his predecessors and further enshrine him in the highest echelons of the Communist Party.

Analysts predict that at this year's congress, Xi will be looking to shorten the name of his official political philosophy in the party constitution to the pithier "Xi Jinping Thought", putting him on par with Mao.

(A.Lehmann--BBZ)