‘Two sessions’: China’s economic and diplomatic challenges
Mar 15, 2024
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Exploring China's economic and geopolitical implications post 'two sessions', focusing on Communist Party control over cabinet, economic challenges, and technological progress. Discussing U.S. rivalry, 'China threat' perception, diplomatic approaches, rise of China, global conflicts, and the importance of journalists in Hong Kong amidst challenges.
China's Communist Party plans long-term strategies due to lack of election pressure, focusing on delivering public results.
US-led restrictions push China to advance technologically, causing structural conflict with the West.
Deep dives
Understanding China's Political System and Governance
China's recent two sessions of the National Legislature and the top political advisory body shed light on the country's political landscape. The Communist Party's role as a ruling party without the pressure of elections allows long-term planning for China's future, focusing on delivering results to gain public mandate.
Decentralization of Power and Anti-Corruption Efforts
Xi Jinping's leadership has emphasized cleaning up corruption within the Communist Party, highlighting the party's control over decision-making. Efforts have been made to clarify power structures to strengthen party discipline, despite critiques of centralization of power.
Tech War and Chinese Economic Transition
The US-led restrictions on Chinese technology have fueled China's determination to advance technologically and move up the production chain, triggering a structural conflict with the West. China's economic transition faces challenges such as overcapacity but also boasts growth areas like renewable energy and advanced manufacturing.
Taiwan Relations and International Perceptions of China
China's approach to Taiwan and global tensions reflects a cautious strategy, aiming for peaceful unification while gradually building advantages and eroding opposition. The 'China threat' narrative is complex, blending propaganda and real concerns over China's growing economic and technological influence in the world.
China has just concluded its biggest annual plenary event in Beijing, the “two sessions” of its top legislative and political advisory bodies. Post executive editor and resident China expert Chow Chung-yan sits down with managing editor Yonden Lhatoo in this extended version of Talking Post to unpack it all.
Watch the video interview: https://sc.mp/6dae8c
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