Original Content- Business Upside
On Sunday, Xi Jinping, who is online to win a third five-year term as China’s president, will rule over the Communist Party‘s twice-decade congress’ most dramatic event: the announcement of the members of its illustrious Politburo Standing Committee. By removing presidential term limits in 2018, Xi broke tradition and began to rule for more than ten years. It is even more difficult to forecast who will accompany him on the standing committee because of his breaking of norms as China’s most powerful leader since Mao Zedong. A severe economic slowdown, discontent with his zero-COVID policy, and China’s growing alienation from the West—exacerbated by his support for Vladimir Putin—seem to have had little impact on the 69-year-old leader’s hold on power.
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