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Martin Wolf

Xi Jinping’s third term is a tragic error

China’s macroeconomic, microeconomic and environmental difficulties remain largely unaddressed.

Martin WolfColumnist

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Xi Jinping will shortly be confirmed for a third term as general secretary of the Communist party and head of the military. So, is his achievement of such unchallengeable power good for China or for the world? No. It is dangerous for both.

It would be dangerous even if he had proven himself a ruler of matchless competence. But he has not done so. As it is, the risks are those of ossification at home and increasing friction abroad.

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Financial Times

Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the Commander of the British Empire in 2000 “for services to financial journalism”.

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    Original URL: https://www.afr.com/world/asia/xi-jinping-s-third-term-is-a-tragic-error-20221005-p5bnd2