Xi Jinping may exude confidence, but his actions suggest something less than that with the recent banking purge following a tech clampdown as the party-state attempts to exert its authority over all sectors
Six years ago, as he consolidated his position at the top of the Chinese Communist Party , Xi Jinping told his fellow party-state officials that the moment had arrived for China “to take centre stage in the world”.
There were grounds to make such a statement. China had spent four decades turning itself into the world’s second superpower, exceeded only by the US. After it joined the World Trade Organisation in 2001, its economy went ...
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