Decoding hints that Xi Jinping may be under pressure to relinquish some of his power
- Written by Chee Meng Tan, Assistant Professor of Business Economics, University of Nottingham
Political and economic pressures might force Chinese president and overall leader[1] Xi Jinping to delegate[2] some of his powers to his deputies in a highly significant move. This has prompted some observers[3] and media outlets[4] to speculate that Xi’s grip on power may be waning[5].
A major part of why this is happening is likely to stem from Xi’s difficulties in dealing with China’s economic woes[6], which began from a real estate crisis[7] in 2021. For years, the Chinese Communist Party (CCP) has relied on providing economic prosperity[8] to legitimise its rule over the country.
But the continuously lacklustre[9] performance of the Chinese economy over the past four years coupled with Trump’s trade war with Beijing is making recovery a difficult task. And this is likely to be a factor that undermines[10] Xi’s rule.
This isn’t the first time that Li has represented Xi in high-profile conferences abroad. In September 2023, Li attended the G20 summit[48] in New Delhi, India, and has taken part in Asean summits[49].
But the Brics appearance alongside with Li’s increasingly prominent role in economic policy making[50] may suggest that his influence is on the rise, while Xi’s is declining[51]. Watch this space.
References
- ^ overall leader (asiasociety.org)
- ^ delegate (www.scmp.com)
- ^ observers (jamestown.org)
- ^ media outlets (nypost.com)
- ^ waning (www.newsweek.com)
- ^ economic woes (www.imf.org)
- ^ real estate crisis (thediplomat.com)
- ^ economic prosperity (theconversation.com)
- ^ lacklustre (www.reuters.com)
- ^ undermines (jamestown.org)
- ^ Sign up to our daily newsletter (theconversation.com)
- ^ politburo (www.bloomberg.com)
- ^ “tifa (提法)” (www.rand.org)
- ^ shapes political language and debate (www.tandfonline.com)
- ^ call (en.moj.gov.cn)
- ^ “policy coordination” (www.scmp.com)
- ^ “review process” (www.scmp.com)
- ^ “guidance and coordination over major initiatives” (en.moj.gov.cn)
- ^ “avoid taking over others’ functions or overstepping boundaries” (en.moj.gov.cn)
- ^ opaque nature (asiasociety.org)
- ^ backroom politics (asiasociety.org)
- ^ power struggle (jamestown.org)
- ^ purge (asiasociety.org)
- ^ anti-corruption campaigns (www.reuters.com)
- ^ dominance (www.channelnewsasia.com)
- ^ many enemies (asiasociety.org)
- ^ 2012 (theconversation.com)
- ^ officially framed (www.sciencedirect.com)
- ^ remove Xi’s political rivals (thediplomat.com)
- ^ Li Shangfu (www.bbc.com)
- ^ corruption charges (edition.cnn.com)
- ^ ideological control and personnel appointment (www.scmp.com)
- ^ party official in Fujian province (orcasia.org)
- ^ suspended (www.aljazeera.com)
- ^ corruption (www.theguardian.com)
- ^ vice-chairman (ipdefenseforum.com)
- ^ arrested (www.newsweek.com)
- ^ alleged corruption (www.ft.com)
- ^ ceding ground to political rivals (jamestown.org)
- ^ climate of fear (www.economist.com)
- ^ he and his loyalists (www.perplexity.ai)
- ^ most powerful Chinese leader (www.bbc.co.uk)
- ^ regulates China’s financial markets (www.reuters.com)
- ^ accelerate China’s technological progress (ucigcc.org)
- ^ digital content (digichina.stanford.edu)
- ^ coming into power (edition.cnn.com)
- ^ Rio de Janeiro (www.aljazeera.com)
- ^ G20 summit (www.mfa.gov.cn)
- ^ Asean summits (www.asiafinancial.com)
- ^ economic policy making (foreignpolicy.com)
- ^ declining (www.scmp.com)