The Diplomat: Xi Jinping May Turn to Top Ally to Handle US Pressure
Wang Qishan, Xi’s right-hand man, may reemerge as vice president after stepping down from his CCP position.
Under President Donald Trump, the United States has adopted a hawkish stance on China. The Trump administration’s new national security and defense strategies identify China as a strategic competitor, and a threat to domestic security and the global order. More importantly, the Trump administration plans to contest China’s “unfair trading practices,” cyber intrusions, and expansionism in the Indo-Pacific.
America’s increasing vigilance, new fiscal policies, and economic action against China represent a serious threat to the Chinese Communist Party (CCP). The CCP’s political legitimacy has long been tied to its economic performance, and a slowing Chinese economy with a buildup of hidden risks now has to cope with the pressure of American tariffs and Trump’s tax cuts.
Read more ....
WNU Editor: My commentary on Wang Qishan from last year still holds .... Why Did Steve Bannon Meet China's Second Most Powerful Man Last Week? (September 22, 2017). Being the point-man for China vs. the U.S. .... now that is a surprise.
Previous Posts
China's Second Most Powerful Man Is Not Retiring (Updated) (January 30, 2018)
China's Second Most Powerful Man Is 'Not Retiring' (December 1, 2017)
Is This China's Second Most Powerful Person? (September 21, 2017)
No comments:
Post a Comment