China’s 20th Communist Party Congress: What you need to know
2022.10.12 23:39
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© Reuters. A view of Chinese national flags in a street of an old neighbourhood as the city prepares for the 20th National Congress of the Communist Party of China, in Beijing, China October 11, 2022. REUTERS/Thomas Peter
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(Reuters) – China’s 20th Communist Party Congress kicks off on Sunday, with Xi Jinping widely expected to clinch his third five-year stint in charge – a mandate that would secure his stature as the country’s most powerful ruler since founding leader Mao Zedong.
* Little is known about who will be promoted into which key roles on the Politburo and its seven-member Standing Committee. Here are some of the leading contenders and some scenarios to look out for.
* Leaders face a difficult time, with a slowing economy, questions over whether and how to exit its strict zero-COVID policy, rising tensions over Taiwan and high-profile protests over several issues this year. Markets are closely watching how Beijing manages these challenges.
* Meanwhile, the capital is stepping up security and COVID curbs, and raising red political banners for the once-every-five-year event that brings together 2,300 party members at the vast Great Hall of the People on Tiananmen Square.
