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China’s Xi clinches the third term, packs leadership with loyalists

2022/10/23/09:00
in China, Financial insights
Reading Time: 5 mins read
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China’s Xi clinches the third term, packs leadership with loyalists
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Shanghai party boss Li Qiang seen as likely next premier

Loyalists take key positions and no clear successor to Xi

Politburo has no women; its 24 members are short usual 25

China’s Xi Jinping secured a precedent-breaking third leadership term on Sunday and introduced a new top governing body stacked with loyalists, cementing his place as the country’s most powerful ruler since Mao Zedong.

Shanghai Communist Party chief Li Qiang, 63, followed Xi onto the stage at the Great Hall of the People as the new Politburo Standing Committee was introduced, putting him in line to succeed Li Keqiang as premier when he retires in March.

The other members of the seven-man Standing Committee are Zhao Leji and Wang Huning, who return from the previous committee, and newcomers Cai Qi, Ding Xuexiang and Li Xi. Li Qiang is also new to the Standing Committee.

A combination picture shows Chinese leaders Xi Jinping, Li Qiang, Zhao Leji, Wang Huning, Cai Qi, Ding Xuexiang, and Li Xi
Shanghai Communist Party Secretary Li Qiang

All are seen by analysts to have close allegiance to Xi, 69, the son of a Communist Party revolutionary who has taken China in a more authoritarian direction since rising to power in 2012.

“This is a leadership that will be focused on achieving Xi’s political goals, rather than pursuing their own agendas for what they think is best for the country,” said Drew Thompson, a visiting senior research fellow at the National University of Singapore’s Lee Kuan Yew School of Public Policy. “There is only one correct way to govern, and that is Xi’s way.”

The unveiling of the Standing Committee and the larger 24-member Politburo comes a day after the closing of the ruling Communist Party’s 20th Congress, where amendments were added to the party charter cementing the core status of Xi and the guiding role of his political thought within the party.

The Standing Committee lineup is further confirmation that Xi’s grip on power is undiminished by the events of a tumultuous year, including a sharp economic slowdown, frustration over his zero-COVID policy, and China’s increasing estrangement from the West, exacerbated by his support for Russia’s Vladimir Putin.

“In terms of policymaking, it does mean that there is likely to be more deference to Xi Jinping’s own views about how to move the country and the economy forward,” said Alvin Tan, head of Asia FX strategy at RBC Capital Markets in Singapore.

“I can imagine that zero-COVID policy is likely more entrenched, and there’s going to be further push on this issue of common prosperity and the like,” he said.

XI’S NEW MEN

As expected, the new line-up does not include a clear successor to Xi.

Li Qiang’s ascension to the number-two spot, meanwhile, speaks to the importance of ties to Xi.

As Shanghai party chief, Li was a lightning rod for some of the public ire that made it past censors over the city’s grinding two-month COVID-19 lockdown earlier this year. But Li and Xi share a long history, including Li’s stint as Xi’s chief of staff when Xi was party chief in Zhejiang province.

Another new Standing Committee member is Xi’s private secretary and gatekeeper, Ding Xuexiang, who at 60 is the youngest on the new panel. Ding heads the party Central Committee’s powerful General Office, which manages the administrative affairs of the top leadership.

Cai Qi, 66, joins the Standing Committee from his post as Beijing party chief and is considered one of Xi’s closest political allies, having worked with him for 20 years in the coastal provinces of Fujian and Zhejiang.

The fourth newcomer is Li Xi, 66, party chief of economic powerhouse Guangdong province, who is also perceived by experts to be ideologically close to Xi, although they do not share a history of working together as the others do.

CONSPICUOUS ABSENCES

The unveiling comes a day after Li Keqiang and Wang Yang, seen by analysts as relative moderates that were young enough to serve longer in top decision-making bodies, were excluded from the wider Central Committee. Both have ties with the Communist Youth League, a once-influential group that experts say has lost power under Xi.

Another conspicuous absence from Sunday’s unveiling was Hu Chunhua, a vice premier who had been considered by some party watchers as a candidate for the premiership and who also has Youth League roots. Hu, 59, was not chosen to return to the Politburo, which now has 24 members, one fewer than usual.

Also missing from the Politburo: any women. The lone woman in the last Politburo, Sun Chunlan, retired.

Xi, who was also re-appointed on Sunday as chairman of the Central Military Commission, laid the groundwork to rule beyond a decade when he eliminated the two-term limit on the presidency in 2018. His term as president is likely to be renewed at the annual parliamentary session in March, where the next premier will also be officially named.

“Xi’s full control means his team will be fully responsible for any policy mistake,” said Yang Zhang, assistant professor at American University’s School of International Service in Washington.

“His autocracy may provoke stronger international pushback from the U.S.-led Western countries. All of these scenarios will make his third and likely fourth terms not as easy as expected,” he said.

Source: Reuters

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