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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST

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To: TobagoJack who wrote (180100)11/8/2021 2:29:28 AM
From: Snowshoe  Read Replies (2) of 218059
 
The Donald would be so envious...

Xi Set to Unveil New Doctrine That Could Let Him Rule for Life

The Chinese Communist Party’s first official declaration on history in 40 years is expected at its biggest event of this year.


November 7, 2021, 12:00 PM AKST

Only two men in the Communist Party’s history have ever written a so-called historical resolution. China is waiting to see whether President Xi Jinping becomes the third.

The first official declaration on Chinese history in 40 years is set to top the agenda when the ruling party huddles this week in the last major meeting before a twice-a-decade congress next year, where Xi’s expected to break precedent and secure a third term to extend his indefinite rule.

Mao Zedong and Deng Xiaoping’s historical resolutions came at critical junctures in the nation’s trajectory and enabled their authors to dominate party politics until their dying breaths. Issuing his own magnum opus would not only put Xi on par with those party titans, but could signal big changes afoot in the world’s second-largest economy.

The meeting from Nov. 8-11, called the sixth plenum, kicks off the closest thing China has to a campaign season. Getting the party to back his take on China’s history — and its future — would be the biggest sign yet that Xi has the power base to potentially rule for life after almost a decade of purging enemies and pushing to foster national pride.

Full story: bloomberg.com
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