Xi Jinping Officially Receives Unprecedented 3rd Term as Chinese Premier
Its official, Xi has pretty much made himself an emperor for life in China:
President Xi Jinping, China’s most powerful leader in decades, increased his dominance Sunday when he was named to another term as head of the ruling Communist Party in a break with tradition and promoted allies who support his vision of tighter control over society and the struggling economy.
Xi, who took power in 2012, was awarded a third five-year term as general secretary, discarding a custom under which his predecessor left after 10 years. The 69-year-old leader is expected by some to try to stay in power for life.
The party also named a seven-member Standing Committee, its inner circle of power, dominated by Xi allies after Premier Li Keqiang, the No. 2 leader and an advocate of market-style reform and private enterprise, was dropped from the leadership Saturday. That was despite Li being a year younger than the party’s informal retirement age of 68.
“Power will be even more concentrated in the hands of Xi Jinping,” said Jean-Pierre Cabestan, a Chinese politics expert at Hong Kong Baptist University. The new appointees are “all loyal to Xi,” he said. “There is no counterweight or checks and balances in the system at all.”
Stars & Stripes
You can read more at the link.
May he receive everything that he deserves.
While the US takes advantage of desperate Europe by selling them natural gas that is four to seven times the regular price, Germany has sold the German port of Hamburg to China. Despite America’s desperate attempt to ruin China, Europe has increased its trade with China and its investments in China have increased by 20%. The Europeans, and increasingly South Koreans also, are getting fed up with the US. The IRA’s America-first-and-only law is destined to fail because the US’s traditional friends are not going to go along with you Americans. You are all alone.
Putin’s purge of the engineer class in Russia, has opened up export opportunities for Chinese military aircraft.
“Sunday’s crash (in Irkutsk) was the 11th reported noncombat crash of a Russian warplane since Moscow sent its troops into Ukraine on Feb. 24.
Military experts have noted that as the number of Russian military flights increased sharply during the fighting, so did the number of crashes.”
Stars and Stripes, October 23, 2022
Aircraft need semiconductors, and the world’s biggest manufacturer of semiconductors is Taiwan Semiconductor Manufacturing Company (TSMC).
Doh!