The ruling Communist Party of China is expected to begin its 20th National Congress on Oct. 16 to select a new leadership team.
"Chinese politics have always been opaque, but it seems as if absolutely no light whatsoever is escaping from this black box," said Scott Kennedy, senior advisor and trustee chair in Chinese business and economics at the U.S.-based Center for Strategic and International Studies."The irony of this mystery is that Chinese officials regularly lecture foreigners about how little they understand China," Kennedy said.
However, Liu is not part of the Politburo's standing committee, the highest circle of power. It currently has seven members — including Xi and Premier Li Keqiang. Li said in March that this year marks his last as premier, a position he's held since 2013. However, he could remain a standing committee member, JPMorgan analysts said, pointing to a precedent at the 15th party congress.
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