Chinese Communist Party

Xi won the vote in the National People’s Congress 2,952-0, officially giving him five more years in power.

Investors were disappointed during the congress last week as Xi defended his Covid Zero policy

In 2022, an estimated 45%–50% of China’s population belong to or identify themselves as middle class.

China’s Communist Party will convene on Oct 16, when President Xi Jinping is expected to secure a precedent-breaking third term.

The machinations in advance of the Chinese Communist Party’s next congress in 2022 are a possible source of downward surprises.

The episode is likely to reinforce the notion that the party calls all the shots when it comes to major business decisions.

(Jan 21): President Xi Jinping stressed the need to maintain political stability in an unusual meeting of China’s top leaders -- a fresh sign the ruling party is growing concerned about the social implications of the slowing economy.

(July 17): Sun Zhengcai, who was abruptly replaced as Communist Party chief of the Chinese city of Chongqing, is under investigation for violating party regulations, according to four officials with knowledge of the matter.

SINGAPORE/HONG KONG (June 15): China’s billionaires are learning yet again that wealth and power are no longer enough to keep them out of trouble.