Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020.
Ding Ting | Xinhua News Agency | Getty Images
Tesla shares slipped in pre-market trade on Monday after the company cut the price of some of its cars in China.
Shares of the electric carmaker were down around 3% in New York before the market open on Monday.
Tesla slashed the price of its Model 3 and Model Y vehicles in China, one of the company’s most critical markets.
The starting price for the Model 3 sedan was reduced to 265,900 Chinese yuan ($36,615) from 279,900 yuan. The Model Y sports utility vehicle now costs 288,900 yuan versus the previous price of 316,900 yuan.
Elon Musk, the CEO of Tesla, warned in March that his electric car firm is “seeing significant recent inflation pressure in raw materials & logistics.”
The price cuts also come after Musk said he sees elements of a recession in China.
“China is experiencing a recession of sorts” mostly in the property markets, Musk said last week.
However in September, the China Passenger Car Association reported Tesla delivered 83,135 China-made electric vehicles, a monthly record for the company. Tesla has a huge Gigafactory in the Chinese city of Shanghai which it completed upgrades on earlier this year.
Still, the price cuts come in the face of rising competition for Tesla in China from domestic firms such as Warren Buffett-backed BYD as well as upstarts Nio and Xpeng.
Other electric carmakers have hiked prices this year including BYD and Xpeng, as rising raw material costs hit these companies.
The Chinese economy continues to face challenges particularly as strict Covid-19 controls continue to weigh on retail sales. Third-quarter gross domestic product rose 3.9% from a year ago, beating expectations, but remaining below the official target of around 5.5% growth.
Xi Jinping waves as he leaves after speaking at a press event with members of the new Standing Committee of the Politburo at The Great Hall of People on October 23, 2022 in Beijing, China.
Kevin Frayer/Getty Images
The China markets tumbled Monday morning after President Xi Jinping consolidated his grip on power even further by stacking the party’s most powerful decision-making body with his key allies and getting a third term in office.
Hong Kong’s Hang Seng Index plunged 6% to 15,220 points in afternoon trading, the second-lowest level since the 2008 global financial crisis. Chinese tech giants Tencent and Meituan had tumbled as much as 10.2% and 13.8%, respectively. The billionaire moguls behind the companies—Tencent’s Ma Huateng and Meituan’s Wang Xing—each lost more than $1 billion of their wealth within the span of a couple hours, making them among the worst performers on the World’s Real-Time Billionaire list on Monday.
On Sunday, Xi revealed the lineup of the Politburo Standing Committee, China’s top governing body. The other six men on the committee are all seen as loyalists with close ties to Xi.
Analysts say investors are growing increasingly anxious over the new leadership’s continued regulatory pressure on private enterprises, as well as the country’s strict Covid-Zero policy which has shown no signs of letting up. In Xi’s opening speech delivered during the week-long congress, he praised China’s Covid prevention measures as a “people’s war” to fight the coronavirus and protect lives.
Those measures, coupled with an ongoing emphasis on areas such as security, regulating the housing market and promoting common prosperity, has disappointed investors who had been looking for signs of regulatory easing.
“The concern is that President Xi now has unfettered power to pass policies that are not friendly to the market,” says Justin Tang, Singapore-based head of Asian research at advisory group United First Partners.
Dickie Wong, executive director of Hong Kong-based Kingston Securities, also says the party congress has given investors little reason to cheer. He adds that there are also rising concerns about escalating tensions between China and the U.S.
In a thinly veiled criticism directed at Washington, Xi said in his opening remarks that China has stood up against unilateralism, protectionism and “bullying.” He also vowed to strengthen China’s self-reliance on critical technologies, just as the Biden Administration was issuing a sweeping set of measures aimed at curbing its access to advanced chip-making equipment.
The Chinese economy, in the meantime, has shown signs of recovery but its long-term growth outlook remains clouded. Gross domestic product (GDP) rose at a better-than-expected 3.9% in the third quarter from the same period a year ago, according to data released today, which had originally been scheduled to be published on October 18 but was delayed due to the party congress.
But with few signs pointing to a relaxing of the country’s strict Covid measures that Fitch Ratings says have “stifled consumption and exacerbated business uncertainty,” the country’s economic growth would likely slow to 2.8% this year, well below the leadership’s initial target of around 5.5%, according to the rating agency.
Xi has said that China would continue to place development as a top priority, and he says he wants the country to embark on a trajectory of high-quality growth as part of its national rejuvenation, a term that refers to achieving higher standards of living and possessing advanced technologies comparable with those in Western countries.
TAIPEI, Taiwan — Any changes to the China-Taiwan relationship must come about peacefully, a visiting German lawmaker said Monday, two days after China’s ruling Communist Party wrote its rejection of Taiwan independence into its charter.
A German parliamentary delegation focusing on human rights met Taiwan President Tsai Ing-wen at her office on Monday. The lawmakers expressed interest in how Taiwan would handle threats from China.
“Taiwan is really facing military threats,” delegation head Peter Heidt said. “From Germany’s point of view, changes to the cross-strait status quo, if any, must be based on peaceful means. Also, these changes must be made after both sides have reached a consensus.”
China claims Taiwan as its territory and says the self-governing island about 160 kilometers (100 miles) off its east coast must come under its control.
The Chinese Communist Party, on the last day of a major congress that confirmed a third five-year term for leader Xi Jinping, inserted a statement into the party constitution on Saturday “resolutely opposing and deterring separatists” seeking Taiwan’s independence.
“We note Xi Jinping’s intimidation against Taiwan in China’s 20th party congress. We also note the reaction of mainland China after Pelosi visited Taiwan,” he said, referring to the large-scale military drills held after the visit of U.S. House Speaker Nancy Pelosi in July.
Tsai did not refer to the amending of the Communist Party’s constitution in her remarks. But her government’s Mainland Affairs Council issued a statement Saturday urging China to break away from the mindset of confronting or even conquering the island, according to Taiwan’s Central News Agency.
The statement said their differences should be resolved in a peaceful manner.
At the opening of China’s weeklong party congress, Xi said Beijing would continue to strive for peaceful “reunification” with Taiwan but refused to renounce the possible use of force. The two sides split in 1949 after a civil war.
Taiwan’s Mainland Affairs Council responded that the island’s 23 million people have the right to decide their own future and urged Beijing to stop imposing its political framework and its military coercion.
The German delegation arrived on Sunday and was expected to leave on Wednesday. It is the second German parliamentary group visiting Taiwan this month.
BEIJING — China’s economic growth accelerated in the latest quarter but still was among the slowest in decades as the country wrestled with repeated closures of cities to fight virus outbreaks.
The world’s second-largest economy grew by 3.9% over a year earlier in the three months ending in September, up from the previous quarter’s 0.4%, official data showed Monday. For the first nine months of the year, growth was 3% over a year earlier.
A news conference to announce the figures last week during a meeting of the ruling Communist Party was postponed without explanation. The National Statistics Bureau released the figures on its website without advance notice of the timing.
No data were immediately released for growth compared with the previous quarter, the way data for other major economies are measured. The economy shrank by 2.6% in the quarter ending in June compared with the previous three-month period.
The ruling party is trying to revive economic growth while enforcing its “Zero COVID” strategy that has temporarily shut down Shanghai and other industrial centers while other countries are lifting travel curbs and reviving trade.
The slump hurts China’s trading partners by depressing demand for imported oil, food and consumer goods.
Repeated shutdowns and uncertainty about business conditions have devastated entrepreneurs who generate China’s new wealth and jobs. Small retailers and restaurants have closed. Others say they are struggling to stay afloat.
Other major economies report growth compared with the previous quarter, which makes their levels look lower than China’s. Beijing for decades reported only growth compared with the previous year, which hid short-term fluctuations, but it has started to release quarter-on-quarter figures.
Forecasters say Beijing is using cautious, targeted stimulus instead of across-the-board spending, a strategy that will take longer to show results. Chinese leaders worry too much spending might push up politically sensitive housing costs or corporate debt they worry is dangerously high.
Growth for the first half of the year was 2.5% over a year earlier, one of the weakest levels in the past three decades.
China’s Communist party confirmed Xi Jinping for an unprecedented third term, meaning he now has more power than any other Chinese leader since Mao Zedong. Elizabeth Palmer reports.
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President Xi Jinping secures historic third term as Communist Party chief and promotes loyalists to inner circle.
Xi Jinping is now the most powerful leader since Mao Zedong founded the People’s Republic of China in 1949.
He’s secured an unprecedented third term as Communist Party leader and cemented his grip on power by appointing six close allies to the Politburo’s Standing Committee, the government’s senior leadership team.
Shanghai Party chief Li Qiang is likely to be the next premier after enforcing China’s zero-COVID strategy on the nation’s most populous city.
Under Xi’s leadership, China has become wealthier, but it has also faced more criticism from the West on trade and human rights.
So how will Xi’s new leadership team deal with the challenges ahead?
Presenter: Nick Clark
Guests:
Einar Tangen – senior fellow, Taihe Institute
Marco Vicenzino – global strategy adviser
Stefan Aust – editor-at-large, Welt N24 Group, and co-author of Xi Jinping: The Most Powerful Man in the World
Warner Bros. Discovery and DC Films’ Black Adam easily topped the domestic weekend box office with $67 million. That’s Dwayne Johnson’s biggest non-Fast & Furious debut weekend ever, and thus his biggest in a star vehicle. In terms of DC Films-related launches, it is bigger than Shazam! ($57 million counting previews) and their biggest non-Batman (or Batman-adjacent like Joker) opening weekend since Aquaman ($72 million) in late 2018. Shazam! cost $90 million, while Black Adam cost $195 million. The $165 million budgeted Aquaman legged out to $334 million domestic amid the lucrative year-end blitz, becoming the leggiest live-action comic book superhero movie since Tim Burton’s Batman. Black Adam also got reviews closer to Justice League (39% and 5/10 on Rotten Tomatoes versus 40% and 5.1/10 for Black Adam) than Wonder Woman (93% and 7.7/10).
Like the Jurassic sequels and the Transformers films, the pans didn’t hurt because they still promised what audiences wanted (The Rock as a kid-friendly invincible killing machine amid IMAX-worthy spectacle and DC superhero tropes) out of this specific franchise entry. That Black Adam opened at the high end of Johnson’s star vehicles implies that the audience was a mix of DC fans, Rock fans and those who consider themselves parts of both respective fandoms. Since we’re not talking about a sky-high launch, it also implies that Johnson’s star power only means so much when dealing with a C-level character. For the first time since Nicolas Cage’s Ghost Rider in 2007 (and before that, Wesley Snipes’ Blade in 1998), a big Marvel/DC movie featured a movie star who was bigger than the marquee character.
It wasn’t about credit cookies or publicity chatter about Black Adam fighting Henry Cavill’s Superman in a theoretical spin-off. Let’s see if Johnson can survive a fight with Zachary Levi’s Shazam. It was the whole package, including being the first four-quadrant, kid-friendly franchise tentpole since Marvel’s Thor: Love and Thunder in early July. However, it won’t be uncontested for long. It might get kneecapped by Black Panther: Wakanda Forever in weekend four, as happened in April 2019 when Shazam! crumbled under the might of Avengers: Endgame. Shazam!’s $140 million domestic and $366 million worldwide (including $43 million in China) won’t cut it this time. With $140 million worldwide thus far, the overseas business will likely be substantial. We don’t yet know A) if Black Adam will play in China and B) how well it will perform if it does.
Rampage earned $155 million of its $430 million global total in China. Black Adam will make much more domestically than that video game adaptation’s $103 million North American cume, but its budget is closer to Jungle Cruise ($200 million)than Jumanji 3 ($120 million). Most of Johnson’s star vehicle hits (Journey 2: The Incredible Island, Hercules, Rampage, San Andreas, Jumanji: Welcome to the Jungle, Jumanji: The Next Level, Fast Five, etc.) were budgeted at $90-$120 million. They didn’t *need* China to make a profit. Black Adam cost about as much as Kong: Skull Island which earned $168 million domestic from a $60 million debut and $567 million worldwide, including $168 million in China. Ditto Ready Player One earning $135 million domestically, $220 million in China and $581 million worldwide on a $175 million budget.
Say Black Adam legs out to around $175-$195 million domestic (multipliers on par with Hobbs & Shaw, Rampage)and earns global grosses on par with Jason Statham’s The Meg ($530 million including $144 million domestic and $153 million in China) outside of China and crosses $400 million global. That’s a circumstantial differential which changed since Covid. However, “only” earns $145-$155 million domestic, and then “only” makes overseas grosses sans China and Russia on par with Rampage and barely crosses $300 million, that’s a problem. The best-case scenario would be for Black Adam to either get a China release and party like it’s 2017 or to thrive (relatively speaking) alongside Black Panther 2 and earn enough overseas not to need China to bump up the global cume. The Jumanji sequels didn’t ($119 million out of $1.762 billion).
For now, the future looks relatively bright. The $67 million domestic debut is on the high end of realistic expectations. The 2.5x weekend multiplier shows that reviews didn’t hurt and that kids showed up yesterday and today for kid-friendly superhero violence. Its existence as the first kid-friendly tentpole in 3.5 months may help it leg out even alongside Black Panther: Wakanda Forever. In terms of four-quadrant tentpoles, it’s basically Black Adam, Black Panther 2, Avatar 2, DreamWorks Animation’s Puss in Boots 2 and Disney’s Strange World for the rest of the year. China is only a big unknown because Dwayne Johnson has been a butts-in-seats draw in that previously significant overseas territory and his films (alongside Statham and Vin Diesel) have occasionally been among the few where China made the difference between success and failure.
I don’t know what this means for DC Films since the goalposts keep changing as one new corporate owner after another changes the direction and frankly undercuts what was working. Walter Hamada was doing what we all wanted, making DC Comics movies of varying sizes, scales and sub-genres which weren’t overly predicated on Batman. Absent Covid and HBO Max (which kneecapped Wonder Woman 1984 and brought the SnyderVerse back to the discourse table), his run would be seen as relatively successful. I’m sure he’ll land somewhere safe and plentiful (Universal?). His successor will either do what he did and try to sell it as a bold, innovative approach or directly copy Marvel with predictably grim results. But for now, Black Adam is a solid hit for DC and WB.
The 2022 midterm elections are now just weeks away, and with control of both chambers of Congress and dozens of governorships, secretaries of state and attorneys general posts on the line, it’s important to know both how and when to vote in your state. To help you plan your vote, CNN has gathered the deadlines for early in-person voting, absentee/mail-in voting and for voter registration in each of the 50 states leading up to Election Day on Tuesday, Nov. 8.
Here’s what else you need to know to Start Your Week Smart.
• Chinese leader Xi Jinping has formally stepped into his norm-breaking third term ruling China with an iron grip on power as he revealed a new leadership team today stacked with loyal allies.
• Hurricane Roslyn slammed into Mexico’s Pacific coast as a major Category 3 storm today, bringing dangerous storm surge and flooding to parts of the country, forecasters said.
• Boris Johnson is trying to win enough support to make what would be a stunning comeback as Britain’s prime minister, as senior Conservative politicians declared their support for former finance minister Rishi Sunak. The two men have become the early favorites to replace Liz Truss, who announced her resignation last week.
• Dietrich Mateschitz, the owner and co-founder of the sports drink company Red Bull, has died, the company announced Saturday. He was 78. As well as turning his energy drink into a market leader, the Austrian billionaire also founded one of the most successful Formula One teams in recent history.
• The House select committee investigating the January 6, 2021, attack on the US Capitol announced on Friday that the panel has officially sent a subpoena to former President Donald Trump as it paints him as the central figure in the multi-step plan to overturn the results of the 2020 presidential election.
Monday
Opening statements are scheduled to begin in the sexual assault trial of disgraced movie producer Harvey Weinstein in Los Angeles. Weinstein, 70, was convicted of first-degree criminal sexual act and third-degree rape charges in New York more than two years ago and sentenced to 23 years in prison. In Los Angeles, Weinstein faces multiple sexual assault charges that he pleaded not guilty to last year.
A Moscow regional court has set October 25 as an appeal date for WNBA star Brittney Griner. Griner was sentenced to nine years of jail time in early August for deliberately smuggling drugs into Russia. She was arrested with less than 1 gram of cannabis oil in her luggage at Moscow’s Sheremetyevo International Airport on February 17.
In what has become one of the most closely watched Senate contests in the country, Pennsylvania Democratic Senate nominee John Fetterman and Republican candidate Mehmet Oz will face each other in a televised debate in Harrisburg, Pennsylvania. Fetterman, who had a near-fatal stroke more than five months ago, has faced a number of questions about transparency surrounding his health and recovery. Fetterman’s primary care physician released a medical report earlier this month stating that the candidate is “recovering well from his stroke” and “has no work restrictions and can work full duty in public office.”
Wednesday
Hillary Clinton – former secretary of state and 2016 Democratic nominee for President – turns 75.
In this week’s One Thing podcast, CNN Chief International Investigative Correspondent Nima Elbagir joins us from Northern Iraq, where some Iranian dissidents have fled a brutal crackdown in response to nationwide protests set off by the death of 22-year-old Mahsa Amini. We explore if these protests will bring lasting change and hear from one Iranian-Kurdish activist who is now taking up arms across the border. Listen here.
British Prime Minister Liz Truss announces her resignation in front of 10 Downing Street in London on Thursday, October 20.” class=”image_gallery-image__dam-img”/>
a drone attack in Kyiv, Ukraine, on Monday, October 17. A wave of drone attacks pummeled the capital city early Monday as commuters headed to work.” class=”image_gallery-image__dam-img”/>
ended a 15-game losing streak against Alabama. They won 52-49 with a last second 40-yard field goal.” class=”image_gallery-image__dam-img”/>
Mississippi to record lows.” class=”image_gallery-image__dam-img”/>
20th Communist Party Congress at the Great Hall of the People in Beijing on Sunday, October 16. Xi is poised to secure a norm-breaking third term in power.” class=”image_gallery-image__dam-img”/>
as it splashes down off the coast of Jacksonville, Florida, on Friday, October 14, with European Space Agency astronaut Samantha Cristoforetti and NASA astronauts Kjell Lindgren, Robert Hines and Jessica Watkins. They are returning after 170 days aboard the International Space Station.” class=”image_gallery-image__dam-img”/>
James Webb Space Telescope. It shows a highly detailed view of the Pillars of Creation, a vista of three looming towers made of interstellar dust and gas that’s speckled with newly formed stars. The area, which lies within the Eagle Nebula about 6,500 light-years from Earth, had previously been captured by the Hubble Telescope in 1995, creating an image deemed “iconic” by space observers.” class=”image_gallery-image__dam-img”/>
found him not liable for battery on allegations he picked up actor Anthony Rapp and briefly laid on top of him in a bed after a party in 1986. Jurors deliberated for about an hour and concluded Rapp did not prove that Spacey “touched a sexual or intimate part” of him.” class=”image_gallery-image__dam-img”/>
warned it could take up to six months for the water to recede in the wake of the country’s “unprecedented” flooding.” class=”image_gallery-image__dam-img”/>
expelled from the United States on Monday, October 17.” class=”image_gallery-image__dam-img”/>
See last week in 32 photos.” class=”image_gallery-image__dam-img”/>
Check out more moving, fascinating and thought-provoking images from the week that was, curated by CNN Photos.
TV and streaming
The season finale of “House of the Dragon,” the “Game of Thrones” prequel that takes place almost 200 years before the events of its predecessor, airs tonight at 9 p.m. ET/PT on HBO. (HBO, like CNN, is a unit of Warner Bros. Discovery.)
“The Good Nurse,” starring Oscar winners Eddie Redmayne and Jessica Chastain, tells the story of an infamous caregiver implicated in the deaths of hundreds of hospital patients. It begins streaming on Netflix Wednesday.
Four teams remain in the battle to reach the 2022 World Series, which begins on Friday. Later today, the San Diego Padres face the Philadelphia Phillies in Game 5 of the National League Championship Series. On Saturday, the Phillies beat the Padres to take a 3-1 lead in the series. The Houston Astros, meanwhile, play the New York Yankees tonight in Game 4 of the American League Championship Series. Houston leads that series 3-0.
Take CNN’s weekly news quiz to see how much you remember from the week that was! So far, 66% of fellow quiz fans have gotten eight or more questions right. How will you fare?
‘Beautiful’
A lot has changed about the world in the last 20 years, but Christina Aguilera still thinks you’re beautiful – despite what social media sometimes tells us. Watch the updated version of her “Beautiful” music video released last week that takes aim at the messages often delivered through social media that have negative effects on our body image and mental health. (Click here to view)
BEIJING (AP) — 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.”
On Saturday, Xi’s predecessor, 79-year-old Hu Jintao, abruptly left a meeting of the party Central Committee with an aide holding his arm. That prompted questions about whether Xi was flexing his powers by expelling other leaders. The official Xinhua News Agency later reported Hu was in poor health and needed to rest.
Xi and other Standing Committee members — none of them women — appeared for the first time as a group before reporters in the Great Hall of the People, the seat of China’s ceremonial legislature in central Beijing.
The No. 2 leader was Li Qiang, the Shanghai party secretary. That puts Li Qiang, who is no relation to Li Keqiang, in line to become premier, the top economic official. Zhao Leji, already a member, was promoted to No. 3, likely to head the legislature. Those posts are to be assigned when the legislature meets next year.
Leadership changes were announced as the party wrapped up a twice-a-decade congress that was closely watched for initiatives to reverse an economic slump or changes in a severe “zero-COVID” strategy that has shut down cities and disrupted business. Officials disappointed investors and the Chinese public by announcing no changes.
The lineup appeared to reflect what some commentators called “Maximum Xi,” valuing loyalty over ability. Some new leaders lack national-level experience as vice premier or Cabinet minister that typically is seen as a requirement for the post.
Li Qiang’s promotion served as apparent confirmation, as it puts him in line to be premier with no background in national government. Li Qiang is seen as close to Xi after they worked together in Zhejiang province in the southeast in the early 2000s.
Li Keqiang was sidelined over the past decade by Xi, who put himself in charge of policymaking bodies. Li Keqiang was excluded Saturday from the list of the party’s new 205-member Central Committee, from which the Standing Committee is picked.
Another departure from the Standing Committee was Wang Yang, a reform advocate suggested by some as a possible premier. Wang, 67, is below retirement age.
Other new Standing Committee members include Cai Qi, the Beijing party secretary, and Ding Xuexiang, a career party functionary who is regarded as Xi’s “alter ego” or chief of staff. Wang Huning, a former law school dean who is chief of ideology, stayed on the committee. The No. 7 member is Li Xi, the party secretary of Guangdong province in the southeast, the center of China’s export-oriented manufacturing industry.
The Central Committee has 11 women, or 5% of the total. Its 24-member Politburo, which has had only four female members since the 1990s, has none following the departure of Vice Premier Sun Chunlan.
Party plans call for creating a prosperous society by mid-century and restoring China to its historic role as a political, economic and cultural leader.
Those ambitions face challenges from security-related curbs on access to Western technology, an aging workforce, and tensions with Washington, Europe and Asian neighbors over trade, security, human rights and territorial disputes.
Xi has called for the “great rejuvenation of the Chinese nation” and a revival of the party’s “original mission” as social, economic and culture leader in a throwback to what he sees as a golden age after it took power in 1949.
During the congress, Xi called for faster military development, “self-reliance and strength” in technology and defense of China’s interests abroad, which raises the likelihood of further conflict.
The party has tightened control over entrepreneurs who generate jobs and wealth, prompting warnings that rolling back market-oriented reforms will weigh on economic growth that sank to 2.2% in the first half of this year — less than half the official 5.5% target.
“Clearly, it’s a return to a much more state-controlled type of economy,” said Cabestan. “This means, for private business, they will be on an even shorter leash, with party committees everywhere.”
Under a revived 1950s propaganda slogan, “common prosperity,” Xi is pressing entrepreneurs to help narrow China’s wealth gap by raising wages and paying for rural job creation and other initiatives.
Xi, in a report to the congress last week, called for “regulating the mechanism of wealth accumulation,” suggesting entrepreneurs might face still more political pressure, but gave no details.
“I would worry if I were a very wealthy individual in China,” said economist Alicia Garcia Herrero of Natixis.
In his report, Xi stressed the importance of national security and control over China’s supplies of food, energy and industrial goods. He gave no indication of possible changes in policies that prompted then-President Donald Trump to launch a tariff war with Beijing in 2018 over its technology ambitions.
The party is trying to nurture Chinese creators of renewable energy, electric car, computer chip, aerospace and other technologies. Its trading partners complain Beijing improperly subsidizes and shields its suppliers from competition.
Trump’s successor, Joe Biden, has kept punitive tariff hikes on Chinese goods and this month increased restrictions on China’s access to U.S. chip technology.
The party has tightened control over private sector leaders, including e-commerce giant Alibaba Group. Under political pressure, they are diverting billions of dollars into chip development and other party initiatives. Their share prices on foreign exchanges have plunged due to uncertainty about their future.
The party will “step up its industrial policy” to close the “wide gap” between what Chinese tech suppliers can make and what is needed by smartphone, computer and other manufacturers, said Garcia Herrero and Gary Ng of Natixis in a report.
Abroad, Chinese efforts to assert leadership will lead to “more tension and difficulty,” because “countries are not just going to follow the Chinese model,” said Steve Tsang, director of the University of London’s China Institute.
With potential dissenters forced out, “there is nobody in Beijing who can advise Xi Jinping that this is not the way to go,” Tsang said.
Xi gave no indication Beijing will change its “zero-COVID” strategy despite public frustration with repeated city closures that has boiled over into protests in Shanghai and other areas.
Xi’s priorities of security and self-sufficiency will “drag on China’s productivity growth,” said Julian Evans-Pritchard, Sheana Yue and Mark Williams of Capital Economics in a report. “His determination to stay in power makes a course correction unlikely.”
The central bank governor, Yi Gang, and bank regulator, Guo Shuqing, also were missing from Saturday’s Central Committee list, indicating they will retire next year, as expected.
Xi suspended retirement rules to keep Gen. Zhang Youxia, 72, on the Central Committee. That allows Zhang, a veteran of China’s 1979 war with Vietnam, to stay as Xi’s deputy chairman on the commission that controls the party’s military wing, the People’s Liberation Army.
The party elite agreed in the 1990s to limit the general secretary to two five-year terms in hopes of avoiding a repeat of power struggles in previous decades. That leader also becomes chairman of the military commission and takes the ceremonial title of president.
Xi has led an anti-corruption crackdown that snared thousands of officials, including a retired Standing Committee member and deputy Cabinet ministers. That broke up party factions and weakened potential challengers.
Xi is on track to become the first leader in a generation to pick his own successor but has yet to indicate possible candidates. Hu Jintao and his predecessor, Jiang Zemin, both were picked in the 1980s by then-supreme leader Deng Xiaoping.
Ahead of the congress, banners criticizing Xi and “zero COVID” were hung above a major Beijing thoroughfare in a rare protest. Photos of the event were deleted from social media. The popular WeChat messaging app shut down accounts that forwarded them.
Xi’s government also faces criticism over mass detentions and other abuses against mostly Muslim ethnic groups and the jailing of government critics.
Chinese leader Xi Jinping on Sunday secured an unprecedented third term as general secretary of China’s Communist Party, according to the state-run Xinhua News Agency.
The appointment comes after a week-long party congress during which the 69-year-old leader tightened his grip over the country, making him possibly the world’s most powerful individual, according to some analysts. And it paves the way for him to get another five-year term as the country’s president at the annual legislative session in March and to continue his confrontational line with the West.
Beijing has grown increasingly aggressive on both the military and economic fronts while cozying up to a warmongering Russia.
At 69, Xi has has surpassed the informal retirement age of 68 and could be in a position for life-long rule. In 2018, Xi scrapped the presidential two-term limit, allowing him to rule indefinitely.
In a dramatic scene on Saturday during the highly choreographed meeting, former Chinese President Hu Jintao was unexpectedly escorted out of the closing ceremony of the Communist party congress, in what was seen by some as a sign of Hu deterring health and by others as a symbolic scene of Xi’s strengthened powers.
He appointed to the party’s Politburo Standing Committee, China’s top governing body, officials who analysts say are his proteges and allies. Among them they mention for example Wang Huning, described as the ideologue who has shaped Xi’s nationalist views; Cai Qi, whose ties with Xi go back over two decades; and Ding Xuexiang, a close Xi aide who often travels with the president.
Russian President Vladimir Putin sent a congratulatory message to Xi on his third term, the Kremlin said. Putin told the Chinese president that he looked forward to further developing the “comprehensive relationship and strategic alliance between our two states.”
German Chancellor Olaf Scholz is planning a trip to China next month and is set to be the first Western leader to greet Xi as the newly re-appointed leader. EU leaders at a meeting on Friday discussed the bloc’s line over China.
While Scholz insisted that the EU must remain a beacon of global trade, even with China, others such as outgoing Italian Prime Minister Mario Draghi said that many leaders during the discussion stressed that “we must not repeat the fact that we have been indifferent, indulgent, superficial in our relations with Russia.”
And they also stressed that “those that look like business ties … are part of an overall direction of the Chinese system, so they must be treated as such,” Draghi added.
China’s former President Hu Jintao is escorted out of the closing ceremony of the Communist Party’s 20th National Congress as President Xi Jinping and Premier Li Keqiang remain seated. on October 22, 2022.
Lintao Zhang/Getty Images
China’s President Xi Jinping did what everyone expected. He extended his rule as the country’s leader for a precedent-breaking third term, while promoting more of his allies into the party’s top leadership positions and maneuvering his rivals into retirement.
Xi, 69, was re-elected as the general secretary of the Communist Party on Sunday, following China’s national congress that opened a week ago, confirming his status as the country’s most powerful leader since Mao Zedong. His appointment means that he will be in firm control of the world’s second-largest economy for at least another five years at a time when it increasingly finds itself on a collision course with the U.S.
On Sunday, Xi said the country “will strive harder to achieve the Chinese dream of national rejuvenation,” a term that largely means transforming the nation into a global power with higher standards of living and advanced technologies comparable with those in the West.
He made the comments after introducing the new seven-member Politburo Standing Committee, the country’s most powerful decision-making body, to a room filled with carefully selected journalists at Beijing’s Great Hall of People.
It’s a lineup that reveals Xi has surrounded himself with allies by promoting close associates such as Beijing’s top party official Cai Qi and Guangdong province party chief Li Xi to the Politburo.
The elevation of Shanghai Party Secretary Li Qiang is particularly noteworthy and speaks volumes to Xi’s consolidation of power. Li, who has never held a senior central government post, appeared right next to Xi before the leader addressed reporters on Sunday. Li is most well known for overseeing the bruising month-long lockdown of Shanghai earlier this year, which triggered widespread public anger and raised doubts as to whether he might still earn a much-coveted promotion.
Xi Jinping leads the Politburo Standing Committee to a media briefing at the Great Hall of the People in Beijing on October 23, 2022.
AFP via Getty Images
Observers say Xi values loyalty above everything else, and he’s willing to break from the political norms of the past. For example, the name of Chinese Premier Li Keqiang did not appear in the 205-member central committee, which is a prerequisite for joining the Politburo, even though he is still a year away from the usual retirement age.
The 67-year-old Li is known to have at times issued views on the economy that contradicts those of Xi. And in a rare display of drama at an otherwise highly choreographed event, Hu Jintao, the 79-year-old predecessor to Xi, was unexpectedly escorted out of yesterday’s closing session of the party congress.
Although Hu appeared to be reluctant to leave, the official Xinhua News Agency later reported via Twitter that Hu left due to health reasons, and he is feeling much better after resting. But the event does not appear on China’s highly censored internet, with searches for Hu Jintao on the country’s Twitter-equivalent Sina Weibo yields zero mentions of his sudden departure.
Xi, however, did give some reassurances to market watchers. He said on Sunday that China would continue to open up, and resolutely deepen reform. The country’s economy has shown perseverance and great potential, and its strong fundamentals “will not change.”
Xi’s consolidation of power comes as China faces countless difficulties. This week, Beijing delayed the publishing of the nation’s third-quarter gross domestic product (GDP) data, adding further to investors’ anxiety over an economy that’s been battered by a spiraling real estate crisis and Xi’s unrelenting Covid policies. In his opening address of the party congress, Xi again praised his Covid-Zero policy as a “people’s war” that has prevented fatalities and protected lives, although he didn’t acknowledge the repeated city-wide lockdowns, food shortages and lack of medical supplies that resulted.
Shen Meng, managing director of Beijing-based boutique investment bank Chanson & Co., says going into the next five-year period, the leadership would continue to take a rather conservative stance in steering the economy.
“China would probably continue to crack down on the disorderly expansion of the private-sector economy, and state-owned economic powers would be effectively strengthened, ” he said, adding that this means private enterprises would work in second place to state-owned companies.
And there is a strong likelihood that the crackdown on the real estate sector will continue. Xi didn’t mention his slogan “housing is for living in, not for speculation” in his opening speech, which had renewed hopes among some that support for the troubled real estate sector may be forthcoming. Xi had rolled out his campaign for more affordable housing in 2017, which set off a wave of policies aimed at taming skyrocketing housing prices and reining in the excessive borrowing that had become common among Chinese property developers. But a transcript of proceedings distributed later repeated the housing slogan, signaling that there would be no let up in the cooling measures in the foreseeable future.
China’s real estate market is estimated to account for as much as a quarter of the country’s gross domestic product. The real estate slump combined with Covid Zero is expected to drag China’s 2022 GDP growth to just 3.2%, well below Xi’s previous goal of around 5.5%
China’s President Xi Jinping (C) and other new members of the Communist Party of China’s Politburo Standing Committee (from L to 3rd L and 3rd R to R) Li Xi, Cai Qi, Zhao Leji, Li Qiang, Wang Huning and Ding Xuexiang meet the media in the Great Hall of the People in Beijing on October 23, 2022.
Chinese President Xi Jinping attends the closing ceremony of the 20th National Congress of China’s … [+] ruling Communist Party at the Great Hall of the People in Beijing, Saturday, Oct. 22, 2022. (AP Photo/Ng Han Guan)
Copyright 2022 The Associated Press. All rights reserved
The Chinese Communist Party Congress held in Beijing over the past week started out slow but has ended with a bang.
China President Xi Jinping, as expected, has won a new term as Communist Party secretary at a congress that will be memorable for his display of political power and the dramatic exit of his predecessor Hu Jintao.
“This is the most unforgettable meet in CCP (Chinese Communist Party) history,” Tweeted Yawei Lu, director of the China Program at The Carter Center. Lu cited the secrecy around the event, “massive revision” of the party charter, party secretary’s Xi Jinping’s third term in the position, and the “humiliating exit” of Xi predecessor Hu Jintao, among other factors.
Former party leader Hu Jintao, once one of China’s most powerful figures, was stunningly led out of the closing ceremony of the party gathering from his chair next to Xi. (See earlier post here.)
Besides Xi – who won a new five-year term, the six members selected for the party’s powerful Politburo are Xi allies Li Qiang, Wang Huning, Cai Qi, Zhang Leji, Ding Xuexiang, and Li Xi.
As Shanghai party secretary, Li Qiang – now seen as the country’s next premier — has been closely associated with unpopular “zero-Covid” policies that disrupted global supply chains in the international business hub this year, harming foreign investors such as Tesla. Incumbent, reform-minded Premier Li Keqiang wasn’t named to the new Politiburo at a time when private sector business leaders are concerned about new income redistribution measures and a government tilt in favor of state-owned enterprises.
The party meeting came amid geopolitical tension with the U.S. over Taiwan and Beijing’s close ties with Russia, and has been watched by governments, businesses and investors globally for signs of future policy directions in the world’s most populous nation and second-largest economy. Reform to the party charter added opposition to Taiwan independence and support for various existing Xi policies.
Speaking to the press at a noontime gathering, Xi, 69, fused praise for Marxism with nationalistic themes and reassurance that China’s once high-flying economy will advance anew. The “strong fundamentals will not change,” said Xi, who didn’t take any questions from reporters.
“China will open its door even wider” to the rest of the word, he pledged.
The congress until today had been notable for a consistency of policy statements (see related post here). How much personnel and factional changes at the top lead to policy shifts will test that read.
BEIJING — President Xi Jinping, China’s most powerful leader in decades, increased his dominance when he was named Sunday 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 party 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.
On Saturday, Xi’s predecessor, 79-year-old Hu Jintao, abruptly left a meeting of the party Central Committee with an aide holding his arm. That prompted questions about whether Xi was flexing his powers by expelling other party leaders. The official Xinhua News Agency later reported Hu was in poor health and needed to rest.
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 on Saturday. That was despite Li being a year younger than the party’s informal retirement age of 68.
Xi and the other Standing Committee members appeared for the first time as a group before reporters Sunday in the Great Hall of the People, the seat of China’s ceremonial legislature in central Beijing.
Xi announced Li Qiang, a former Shanghai party secretary who is no relation to Li Keqiang, was the No. 2 member and Zhao Leji, a member of the previous committee, was promoted to No. 3. The No. 2 committee member since the 1990s has become premier while the No. 3 heads the legislature. Those posts are to be assigned when the legislature meets next year.
Leadership changes were announced as the party wrapped up a twice-a-decade congress that was closely watched for signs of initiatives to reverse an economic slump or changes in a severe “zero-COVID” strategy that has shut down cities and disrupted business. Officials disappointed investors and the Chinese public by announcing no changes.
The lineup appeared to reflect what some commentators called “Maximum Xi,” valuing loyalty over ability. Some new Standing Committee members lack national-level government experience that typically is seen as a requirement for the post.
The promotion of Li Qiang was especially unusual because it puts him in line to be premier despite not having experience as a Cabinet minister or vice premier. However, he is regarded as close to Xi after the two worked together early in their careers in Zhejiang province in the early 2000s.
Li Keqiang is the top economic official but was sidelined over the past decade by Xi, who put himself in charge of policymaking bodies and wants a bigger state role in business and technology development.
Li Keqiang was excluded Saturday from the list of the party’s new 205-member Central Committee, from which the Standing Committee is picked. He is due to step down as premier next year.
Chinese leader Xi Jinping has formally stepped into his third term ruling China with an iron grip on power, breaking with recent precedent to secure another five years in power, as he revealed a top leadership body stacked with loyal allies.
On Sunday, following the close of the Communist Party Congress, seven men – namely Xi Jinping, Li Qiang, Zhao Leji, Wang Huning, Cai Qi, Li Xi and Ding Xuexiang – were announced as members of the Politburo Standing Committee, China’s top ruling body.
They now compose the Politburo Standing Committee, China’s most powerful decision-making body, and will sit atop of the party to drive the world’s second-largest economy over the coming half decade.
The line-up was more stacked with staunch Xi loyalists that some watchers of elite Chinese politics had predicted – making clear that Xi has consolidated his power both in the public eye and in the closed-door meetings where leadership decisions are made.
Noticeably absent from the line-up was Hu Chunhua, 59, a vice premier outside Xi’s orbit who had previously been touted as a potential successor to Xi and a candidate for the Standing Committee.
Instead, Xi had filled the four open spots on the seven-member body with Xi long-time allies and proteges, Li Qiang, Cai Qi, Ding Xuexiang and Li Xi, clearing the path for him to rule for a third term with minimal internal resistance – and underlining that affinity to Xi trumps all else in China’s current political landscape.
“The current situation is something unprecedented … this new line-up is not a product of power sharing or horse trading among different factions, but basically it is the result or consequence from Xi’s authority,” said Chen Gang, senior research fellow at the National University of Singapore’s East Asian Institute.
“For the party’s decision-making, I think that we have entered a really a new era, as Xi now controls almost every aspect concerning policy making and decision making … we’re seeing a kind of re-centralised bureaucracy in China, which will definitely impact the future China’s economic foreign policy trajectory,” he said.
Jolie’s nerves were running high as she walked into the campus of Goldsmiths, the University of London, last Friday morning. She’d planned to arrive early enough that the campus would be deserted, but her fellow students were already beginning to filter in to start their day.
In the hallway of an academic building, Jolie, who’d worn a face mask to obscure her identity, waited for the right moment to reach into her bag for the source of her nervousness – several pieces of A4-size paper she had printed out in the small hours of the night.
Finally, when she made sure none of the students – especially those who, like Jolie, come from China – were watching, she quickly pasted one of them on a notice board.
“Life not zero-Covid policy, freedom not martial-lawish lockdown, dignity not lies, reform not cultural revolution, votes not dictatorship, citizens not slaves,” it read, in English.
The day before, these words, in Chinese, had been handwritten in red paint on a banner hanging over a busy overpass thousands of miles away in Beijing, in a rare, bold protest against China’s top leader Xi Jinping.
Another banner on the Sitong Bridge denounced Xi as a “dictator” and “national traitor” and called for his removal – just days before a key Communist Party meeting at which he is set to secure a precedent-breaking third term.
Both banners were swiftly removed by police and all mentions of the protest wiped from the Chinese internet. But the short-lived display of political defiance – which is almost unimaginable in Xi’s authoritarian surveillance state–has resonated far beyond the Chinese capital, sparking acts of solidarity from Chinese nationals inside China and across the globe.
Over the past week, as party elites gathered in Beijing’s Great Hall of the People to extoll Xi and his policies at the 20th Party Congress, anti-Xi slogans echoing the Sitong Bridge banners have popped up in a growing number of Chinese cities and hundreds of universities worldwide.
In China, the slogans were scrawled on walls and doors in public bathrooms – one of the last places spared the watchful eyes of the country’s ubiquitous surveillance cameras.
Overseas, many anti-Xi posters were put up by Chinese students like Jolie, who have long learned to keep their critical political views to themselves due to a culture of fear. Under Xi, the party has ramped up surveillance and control of the Chinese diaspora, intimidating and harassing those who dare to speak out and threatening their families back home.
CNN spoke with two Chinese citizens who scribbled protest slogans in bathroom stalls and half a dozen overseas Chinese students who put up anti-Xi posters on their campuses. As with Jolie, CNN agreed to protect their identities with pseudonyms and anonymity due to the sensitivity of their actions.
Many said they were shocked and moved by the Sitong Bridge demonstration and felt compelled to show support for the lone protester, who has not been heard of since and is likely to face lifelong repercussions. He has come to be known as the “Bridge Man,” in a nod to the unidentified “Tank Man” who faced down a column of tanks on Beijing’s Avenue of Eternal Peace the day after the Tiananmen Square Massacre in 1989.
Few of them believe their political actions will lead to real changes on the ground. But with Xi emerging triumphant from the Party Congress with the potential for lifelong rule, the proliferation of anti-Xi slogans are a timely reminder that despite his relentless crushing of dissent, the powerful leader may always face undercurrents of resistance.
As China’s online censors went into overdrive last week to scrub out all discussions about the Sitong Bridge protest, some social media users shared an old Chinese saying: “A tiny spark can set the prairie ablaze.”
It would appear that the fire started by the “Bridge Man” has done just that, setting off an unprecedented show of dissent against Xi’s leadership and authoritarian rule among mainland Chinese nationals.
The Chinese government’s policies and actions have sparked outcries online and protests in the streets before. But in most cases, the anger has focused on local authorities and few have attacked Xi himself so directly or blatantly.
Critics of Xi have paid a heavy price. Two years ago, Ren Zhiqiang, a Chinese billionaire who criticized Xi’s handling of China’s initial Covid-19 outbreak and called the top leader a power-hungry “clown,” was jailed for 18 years on corruption charges.
But the risks of speaking out did not deter Raven Wu, a university senior in eastern China. Inspired by the “Bridge Man,” Wu left a message in English in a bathroom stall to share his call for freedom, dignity, reform, and democracy. Below the message, he drew a picture of Winnie the Pooh wearing a crown, with a “no” sign drawn over it. (Xi has been compared to the chubby cartoon bear by Chinese social media users.)
“I felt a long-lost sense of liberation when I was scribbling,” Wu said. “In this country of extreme cultural and political censorship, no political self-expression is allowed. I felt satisfied that for the first time in my life as a Chinese citizen, I did the right thing for the people.”
There was also the fear of being found out by the school – and the consequences, but he managed to push it aside. Wu, whose own political awakening came in high school when he heard about the Tiananmen Square massacre by chance, hoped his scribbles could cause a ripple of change – however small – among those who saw them.
He is deeply worried about China’s future. Over the past two years, “despairing news” has repeatedly shocked him, he said.
“Just like Xi’s nickname ‘the Accelerator-in-Chief,’ he is leading the country into the abyss … The most desperate thing is that through the [Party Congress], Xi Jinping will likely establish his status as the emperor and double down on his policies.”
Chen Qiang, a fresh graduate in southwestern China, shared that bleak outlook – the economy is faltering, and censorship is becoming ever more stringent, he said.
Chen had tried to share the Sitong Bridge protest on WeChat, China’s super app, but it kept getting censored. So he thought to himself: why don’t I write the slogans in nearby places to let more people know about him?
He found a public restroom and wrote the original Chinese version of the slogan on a toilet stall door. As he scrawled on, he was gripped by a paralyzing fear of being caught by the strict surveillance. But he forced himself to continue. “(The Beijing protester) had sacrificed his life or the freedom of the rest of his life to do what he did. I think we should also be obliged to do something that we can do,” he said.
Chen described himself as a patriot. “However I don’t love the (Communist) Party. I have feelings for China, but not the government.”
So far, the spread of the slogans appears limited.
A number of pro-democracy Instagram accounts run by anonymous Chinese nationals have been keeping track of the anti-Xi graffiti and posters. Citizensdailycn, an account with 32,000 followers, said it received around three dozen reports from mainland China, about half of which involved bathrooms. Northern_Square, with 42,000 followers, said it received eight reports of slogans in bathrooms, which users said were from cities including Beijing, Tianjin, Shanghai, Guangzhou, Shenzhen and Wuhan.
The movement has been dubbed by some as the “Toilet Revolution” – in a jibe against Xi’s campaign to improve the sanitary conditions at public restrooms in China, and a nod to the location of much of the anti-Xi messaging.
Wu, the student in Eastern China, applauded the term for its “ironic effect.” But he said it also offers an inspiration. “Even in a cramped space like the toilet, as long as you have a revolutionary heart, you can make your own contribution,” he said.
For Chen, the term is a stark reminder of the highly limited space of free expression in China.
“Due to censorship and surveillance, people can only express political opinions by writing slogans in places like toilets. It is sad that we have been oppressed to this extent,” Chen said.
For many overseas Chinese students, including Jolie, it is their first time to have taken political action, driven by a mixture of awe and guilt toward the “Bridge Man” and a sense of duty to show solidarity.
Among the posters on the notice boards of Goldsmiths, the University of London, is one with a photo of the Sitong Bridge protest, which showed a plume of dark smoke billowing up from the bridge.
Above it, a Chinese sentence printed in red reads: “The courage of one person should not be without echo.”
Putting up protest posters “is the smallest thing, but the biggest I can do now – not because of my ability but because of my lack of courage,” Jolie said,pointing to her relative safety acting outside China’s borders.
Others expressed a similar sense of guilt. “I feel ashamed. If I were in Beijing now, I would never have the courage to do such a thing,” said Yvonne Li, who graduated from Erasmus University Rotterdam in the Netherlands last year.
Li and a friend put up a hundred posters on campus and in the city center, including around China Town.
“I really wanted to cry when I first saw the protest on Instagram. I felt politically depressed reading Chinese news everyday. I couldn’t see any hope. But when I saw this brave man, I realized there is still a glimmer of light,” she said.
The two Instagram accounts, Citizensdailycn and Northern_square, said they each received more than 1,000 submissions of anti-Xi posters from the Chinese diaspora. According to Citizensdailycn’s tally, the posters have been sighted at 320 universities across the world.
Teng Biao, a human rights lawyer and visiting professor at the University of Chicago, said he is struck by how fast the overseas opposition to Xi has gathered pace and how far it has spread.
When Xi scrapped presidential term limits in 2018, posters featuring the slogan “Not My President” and Xi’s face had surfaced in some universities outside China – but the scale paled in comparison, Teng noted.
“In the past, there were only sporadic protests by overseas Chinese dissidents. Voices from university campuses were predominantly supporting the Chinese government and leadership,” he said.
In recent years, as Xi stoked nationalism at home and pursued an assertive foreign policy abroad, an increasing number of overseas Chinese students have stepped forward to defend Beijing from any criticism or perceived slights – sometimes with the blessing of Chinese embassies.
There were protests when a university invited the Dalai Lama to be a guest speaker; rebukes for professors perceived to have “anti-China” content in their lectures; and clashes when other campus groups expressed support for Hong Kong’s pro-democracy protests.
But as the widespread anti-Xi posters have shown, the rising nationalistic sentiment is by no means representative of all Chinese students overseas. Most often, those who do not agree with the party and its policies simply choose to stay silent. For them, the stakes of openly criticizing Beijing are just too high. In past years, those who spoke out have faced harassment and intimidation, retaliation against family back home, and lengthy prison terms upon returning to China.
“Even liberal democracies are influenced by China’s long arm of repression. The Chinese government has a large amount of spies and informants, monitoring overseas Chinese through various United Front-linked organizations,” Teng said, referring to a party body responsible for influence and infiltration operations abroad.
Teng said Beijing has extended its grip on Chinese student bodies abroad to police the speech and actions of its nationals overseas – and to make sure the party line is observed even on foreign campuses.
“The fact that so many students are willing to take the risk shows how widespread the anger is over Xi’s decade of moving backward.”
Most students CNN spoke with said they were worried about being spotted with the posters by Beijing’s supporters, who they fear could expose them on Chinese social media or report them to the embassies.
“We were scared and kept looking around. I found it absurd at the time and reflected briefly upon it – what we were doing is completely legal here (in the Netherlands), but we were still afraid of being seen by other Chinese students,” said Chen, the recent graduate in Rotterdam.
The fear of being betrayed by peers has weighed heavily on Jolie, the student in London, in particular while growing up in China with views that differed from the party line. “I was feeling really lonely,” she said. “The horrible (thing) is that your friends and classmates may report you.”
But as she showed solidarity for the “Bridge Man,” she also found solidarity in others who did the same. In the day following the protest in Beijing, Jolie saw on Instagram an outpouring of photos showing protest posters from all over the world.
“I was so moved and also a little bit shocked that (I) have many friends, although I don’t know them, and I felt a very strong emotion,” she said. “I just thought – my friends, how can I contact you, how can I find you, how can we recognize each other?”
Sometimes, all it takes is a knowing smile from a fellow Chinese student – or a new protest poster that crops up on the same notice board – to make the students feel reassured.
“It’s important to tell each other that we’re not alone,” said a Chinese student at McGill University in Quebec.
“(After) I first hung the posters, I went back to see if they were still there and I would see another small poster hung by someone else and I just feel really safe and comforted.”
“I feel like it is my responsibility to do this,” they said. If they didn’t do anything, “it’s just going to be over, and I just don’t want it to be over so quickly without any consequences.”
In China, the party will also be watching closely for any consequences. Having tightened its grip on all aspects of life, launched a sweeping crackdown on dissent, wiped out much of civil society and built a high-tech surveillance state, the party’s hold on power appears firmer than ever.
But the extensive censorship around the Sitong Bridge protest also betrays its paranoia.
“Maybe (the bridge protester) is the only one with such courage and willingness to sacrifice, but there may be millions of other Chinese people who share his views,” said Matt, a Chinese student at Columbia University in New York.
“He let me realize that there are still such people in China, and I want others to know that, too. Not everyone is brainwashed. (We’re) still a nation with ideals and hopes.”
Chinese President Xi Jinping at left looks on as former Chinese President Hu Jintao is assisted to … [+] leave the hall during the closing ceremony of the 20th National Congress of China’s ruling Communist Party at the Great Hall of the People in Beijing, Saturday, Oct. 22, 2022. Former Chinese President Hu Jintao, Xi’s predecessor as party leader, was helped off the stage shortly after foreign media came in. (AP Photo/Ng Han Guan)
Copyright 2022 The Associated Press. All rights reserved
Former China President Hu Jintao was unexpectedly led out of the closing ceremony of the Communist Party Congress in Beijing today from his chair next to his successor Xi Jinping, CNN reported, citing meeting video.
Li’s departure was “a moment of drama during what is typically a highly choreographed event,” the network reported. “The circumstances surrounding Hu’s exit are not clear.”
Hu was led out “shortly after foreign media came in,” the Associated Press said.
The week-long gathering on Saturday selected 205 party leaders of its central committee for the next five years. The meeting comes amid geopolitical tension with the U.S. over Taiwan and Beijing’s close ties with Russia, and has been watched by governments, businesses and investors globally for signs of China’s future policy directions.
Hu, 79, was seated next to Xi “when he was approached by a staff member,” CNN said. “While seated, Hu appeared to talk briefly with the male staff member, while China’s third most senior leader, Li Zhanshu, who was seated to his other side, had his hand on the chair behind Hu’s back,” CNN reported.
“Hu then appeared to rise after being lifted up by the staff member, who’d taken the former leader by the arm, while Kong Shaoxun, head of the party’s secretariat came over. Hu spoke with the two men briefly and initially appeared reluctant to leave.”
“At one point, while Hu was still seated, Xi appeared to place his hand over a document that Hu was attempting to reach for preventing him from doing so,” CNN said.
Chinese state-run media, as it has all week, lauded the meeting today, without explaining why Hu was led out.
“The congress noted that the establishment of Comrade Xi Jinping’s core position on the Party Central Committee and in the Party as a whole and the guiding role of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era has set the rejuvenation of the Chinese nation on ‘an irreversible historical course,’” Xinhua News Agency reported today.
The party’s powerful Politburo and standing committee will be named on Sunday and meet the domestic and foreign press, Xinhua said.
The congress until today had been notable for consistency of policy statements (see related post here).
Large numbers of people have left Hong Kong not only due to political unrest, but also strict COVID-19 policies. Over the past year, more than 100,000 people have left — a record.
The exodus includes many who work in business and banking, who form the lifeblood of the city. Hong Kong is one of the world’s most important financial hubs and the main pipeline for money moving in and out of Asia, especially China.
Multinational companies are looking elsewhere, too.
More than a third of the Hong Kong Investment Funds Association’s members say they have already moved jobs to other countries. They’re going places like Singapore, Dubai, Australia and Japan, said Sally Wong, CEO of the association.
The COVID-19 pandemic hit Hong Kong hard. For a while this spring, it had the highest COVID-19 mortality rate on Earth.
Things are much better now, but as the rest of the world moves on from the pandemic, people in Hong Kong still have to be fully masked and use an app-based control system that’s similar to mainland China’s.
They have to scan into public places with a QR code, including restaurants, and new arrivals can’t enter restaurants at all for three days.
“This ability or the inability to travel freely in and out definitely affects Hong Kong,” said Wong. “We need to move back to normalcy, 100%.”
This week, Hong Kong’s Chief Executive John Lee made a pitch that he hopes will reverse the talent outflow, by offering open work visas to college graduates from abroad.
But it may not be enough.
In spite of the damage to Hong Kong’s economy and reputation, political observers think nothing will change until Chinese leaders on the mainland, who call the shots in Hong Kong, lift their zero COVID policy, and so far there’s no sign of that.
Elizabeth Palmer has been a CBS News correspondent since August 2000. She has been based in London since late 2003, after having been based in Moscow (2000-03). Palmer reports primarily for the “CBS Evening News.”
Disclosure of the documents’ contents could expose US intelligence-gathering methods, people familiar with the matter told the Post. At least one of the documents describes Iran’s missile program and others described highly sensitive intelligence involving China.
The Post’s sources characterized the documents as among the most sensitive recovered by the FBI since it began its investigation of the former President and his aides into the potential mishandling of classified information.
A Trump spokesman did not immediately respond to requests for comment to the Post on Friday morning.
The people familiar with the matter who spoke to the Post said many of the more sensitive documents taken to the resort are analysis papers that do not contain sources’ names, though they can still provide insight to foreign adversaries. Some of the documents are only available to the highest-level officials in the US government, such as the President or Cabinet members.
CNN has reported that since the FBI search in August, the US intelligence community has restarted work on both the classification review and the so-called damage assessment related to Trump’s storage of classified materials at Mar-a-Lago.
The damage assessment is a long-term analytic product that will study what the risk would be to US national security if the material stored at Mar-a-Lago were to be exposed. The classification review is designed to review each document to establish that its classification markings are current.
On Thursday, CNN reported that Trump’s legal team is weighing whether to allow federal agents to return to the former President’s Florida residence, and potentially conduct a supervised search, to satisfy the Justice Department’s demands that all sensitive government documents are returned, sources tell CNN.
In private discussions with Trump’s team as well as court filings, the Justice Department has made clear that it believes Trump failed to comply with a May subpoena ordering the return of all documents marked as classified and that more government records remain missing.
Some in Trump’s inner circle aren’t convinced there are any remaining government documents, after the FBI seized nearly 22,000 pages when they executed a search warrant at Mar-a-Lago in August.
China’s former top leader, Hu Jintao, was unexpectedly led out of Saturday’s closing ceremony of the Communist Party Congress, in a moment of drama during what is typically a highly choreographed event.
Hu, 79, was seated in a prominent position at the front table in the Great Hall of the People in Beijing, directly next to his successor, current leader Xi Jinping, when he was approached by a staff member, video of the meeting shows.
While seated, Hu appeared to talk briefly with the male staff member, while China’s third most senior leader, Li Zhanshu, who was seated to his other side, had his hand on the chair behind Hu’s back.
Hu then appeared to rise after being lifted up by the staff member, who’d taken the former leader by the arm, while Kong Shaoxun, head of the party’s secretariat came over. Hu spoke with the two men briefly and initially appeared reluctant to leave.
Hu was then escorted by the two men from his seat, with the staff member holding his arm, as other party members seated behind the main table looked on. The circumstances surrounding Hu’s exit are not clear.
On his way out, Hu was seen to pause and appeared to say something to Xi and then patted Premier Li Keqiang on the shoulder. Both Xi and Li appeared to nod. It was not clear what Xi said in reply.
At one point, while Hu was still seated, Xi appeared to place his hand over a document that Hu was attempting to reach for preventing him from doing so.
In another moment, after Hu was standing and apparently remonstrating with the two men before making his exit, Li Zhanshu appeared to try and rise from his seat, but was directed back down by a tug on his suit jacket by fellow Politburo Standing Committee member Wang Huning, seated next to him.
Hu, who retired in 2013, has been seen in increasingly frail health in public in recent years.
Due to the opacity of Chinese elite politics, the party is unlikely to offer a public explanation on Hu’s sudden exit. The dramatic moment has not been reported anywhere in Chinese media, or discussed on Chinese social media, where such conversation is highly-restricted. But it has set off a firestorm of speculation overseas.
CNN was censored on air in China when reporting on Hu’s exit from the meeting Saturday.
Hu’s departure came after the Congress’s more than 2,000 delegates had rubber-stamped the new members of the party’s elite Central Committee during a private session, and before delegates were called on to endorse the party’s work report during a session open to journalists.
The newly announced 205-member Central Committee did not include Li Keqiang and fellow Standing Committee member Wang Yang, who are both considered Hu’s proteges. This means neither will retain their seats in the Standing Committee, the party’s top-decision making body, though both are 67, one year short of the unofficial retirement age. Xi, who is 69, is included in the list of new Central Committee members.
The line-up of the Standing Committee will be revealed Sunday, one day after the close of the Congress. Xi, who is widely seen to have cemented power by eliminating rivals and dampening the lingering influence of party elders, is expected to be re-confirmed as party chief in a norm-breaking move and surround himself with allies.