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Xi: China Faces Challenges In Development More Complex Than Before

CHINA

Chinese state media carrying comments from President Xi Jinping.

  • Xi: 'The risks and challenges that China needs to deal with in development are more complex than before'
  • Xi: 'The upcoming 20th National Congress of the Chinese Communist Party will scientifically plan future development goals"
  • Significant domestic and international focus on the National Congress (November seen as most likely time for the event), with Xi having the potential to be re-elected as General Secretary of the CCP for an unprecedented third term.
  • Alternatively, there is speculation the Congress could elect Xi as Chairman of the CCP, a title that has not been used since 1982, and is associated closely with Mao Zedong. Should the latter event occur it would be the clearest indication that Xi would be well placed to remain in power for a lengthy period of time.
Energy BulletsCommoditiesPolitical Market News
Energy BulletsCommoditiesPolitical Market News

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