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Princelings and Power in 1990s China
This chapter examines the struggles faced by princelings in consolidating political power following the deaths of veteran politicians amidst a transforming political landscape in China during the 1990s. It highlights how many princelings shifted focus to business as their political aspirations were thwarted by competition and internal party dynamics, particularly emphasizing Xi Jinping's rise to power. The discussion further explores the current power dynamics surrounding Xi, the implications of his 'coalition of the weak' strategy, and the historical parallels to maintain political stability and effective governance.